Kadmon shares jump on limited IPF data; Cellectis granted two US patents for editing T cells with CRISPR
→ Kadmon shares $KDMN spiked on some Phase II data they’re touting on on a ROCK2 inhibitor for idiopathic pulmonary fibrosis. It’s a small study and fairly hard to read without any p values, but the biotech pointed to a median decline in forced vital capacity of 48 mL at week 24, compared to a median decline of 175 mL in patients treated with best supportive care.
→ Following a European patent, Cellectis $CLLS has been granted two US patents to bolster business potential for its CAR-T treatments. The patents were issued for “the invention of certain uses of RNA-guided endonucleases” — think CRISPR/Cas9 — for the genetic engineering of T cells which are then used to fight cancer. The French biotech intends to make these patents available for licensing to companies wanting to use CRISPR tech in T cells.
Unlock this article instantly by becoming a free subscriber.
You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.