Eric Ostertag, Poseida CEO

Take­da en­lists Po­sei­da in $3.6B+ non­vi­ral gene ther­a­py deal, though da­ta re­main years away from hu­man stud­ies

Take­da has been be­hind oth­er ma­jor play­ers in terms of cell and gene ther­a­py de­vel­op­ment, but af­ter an­nounc­ing a col­lab­o­ra­tion with Se­lec­ta Bio­sciences last week, it’s now on a bit of a spend­ing spree.

The Big Phar­ma has re­cruit­ed Po­sei­da Ther­a­peu­tics to de­vel­op in vi­vo gene ther­a­pies in six dif­fer­ent in­di­ca­tions, the com­pa­nies an­nounced Tues­day, with Take­da re­tain­ing an op­tion to ask for two more. Po­sei­da will get a $45 mil­lion up­front pay­ment in the deal, $125 mil­lion in short-term pre­clin­i­cal mile­stones and up to $435 mil­lion in clin­i­cal mile­stones per pro­gram.

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