FinancialBuzz.com’s latest The Buzz Show: Featuring Our Corporate News Recap on “Adaptimmune Therapeutics plc on the Rise After Entering into a Strategic Collaboration with Genentech”
Adaptimmune Therapeutics (NASDAQ: ADAP) plc climbed over 23% in premarket trading after the company entered into a strategic collaboration and license agreement with Genentech.
The collaboration will seek to develop and commercialize allogeneic cell therapies to treat multiple oncology indications and covers the research and development of “off-the-shelf” cell therapies for up to five shared cancer targets and the development of a novel allogeneic personalized cell therapy platform.
Adaptimmune is a clinical-stage biopharmaceutical company focused on the development of novel cancer immunotherapy products for people with cancer. The Company’s unique SPEAR (Specific Peptide Enhanced Affinity Receptor) T-cell platform enables the engineering of T-cells to target and destroy cancer across multiple solid tumors.
For more information, please visit: Adapimmune Therapeutics plc
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