David Chang (L) and Arie Belldegrun (photo by Jeff Rumans)

Arie Bellde­grun and David Chang god­fa­ther the $110M launch of a new cell ther­a­py play­er. And this one is al­so think­ing big

Back in 2015, when Arie Bellde­grun and David Chang were run­ning the show at Kite as the biotech raced to a his­toric ap­proval for a CAR-T ther­a­py, they picked up a small out­fit called the T-Cell Fac­to­ry in Am­s­ter­dam for the mod­est sum of $21 mil­lion.

The com­pa­ny — which they would use to set up shop in the EU — had been work­ing un­der the guid­ance of Ton N. M. Schu­mach­er, a top sci­en­tist at the Nether­lands Can­cer In­sti­tute who of­fered the cell ther­a­py gu­rus at Kite an in­trigu­ing win­dow on TCR re­search.

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