Takeda builds arsenal for immuno-oncology research, creates cell therapy group
Takeda’s presence in cancer — fortified by its $5.2 billion Ariad buyout — is growing, as it announced a range of agreements in immuno-oncology and the creation of a cell therapy unit, days before the Japanese drugmaker consummates its $62 billion takeover of Dublin-based Shire.
Takeda, whose main listing is in Tokyo but recently began also trading on the NYSE under the symbol $TAK, is collaborating with the Memorial Sloan Kettering Cancer Center’s Michel Sadelain, who serves as director of MSK’s Center for Cell Engineering and is also the scientific founder of Juno Therapeutics, to develop CAR-T therapies for multiple myeloma, acute myeloid leukemia and additional solid tumor indications.
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