Paul Hastings, Nkarta CEO

With no up­front pay­ment or mile­stones on the line, Nkar­ta and CRISPR join forces on CAR-NK search

Most deals in biotech come with hefty up­front pay­ments at­tached, and the promise of big biobucks if a pro­gram works out. Not this one.

Nkar­ta has struck what CEO Paul Hast­ings calls a “re­al col­lab­o­ra­tion” with CRISPR Ther­a­peu­tics to co-de­vel­op and com­mer­cial­ize two CAR-NK ther­a­pies, in ad­di­tion to an NK+T pro­gram. The duo will split all R&D costs — and any world­wide prof­its — 50/50, Hast­ings said.

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