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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