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They built a game-changing cancer-killing therapy. Now they’re taking on a new kind of CAR-T therapy

A legendary pair of biotech executives are launching a new firm to develop CAR-T assets that would not need to be personalized for each cancer patient.
Source: NIH

The two former Kite Pharma executives behind a game-changing cancer-killing technology are launching their next act: a new company to develop a suite of so-called off-the-shelf CAR-T therapy assets, designed so that they do not need to be personalized for each cancer patient.

Allogene Therapeutics, which was unveiled Tuesday morning, has raised $300 million to acquire and advance a portfolio of experimental cell therapies previously controlled by Pfizer. As a consequence of the deal, Pfizer is getting out of the business of

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