Caladrius in-licenses refractory angina asset from Shire

6 March 2018

USA-based Caladrius Biosciences (Nasdaq: CLBS) has acquired an exclusive worldwide license to data from a late stage CD34+ cell therapy program for the treatment of chronic myocardial ischemia targeting refractory angina.

The CD34+ cell therapy program was an asset gained through the Baxalta acquisition by Shire (LSE: SHP) in 2016, though the Ireland-incorporated drugmaker is offloading it as part of its efforts to out-license non-strategic assets to sharpen the company focus on rare diseases.

"We believe that the growing body of clinical data in support of CD34+ cell therapy as a treatment for refractory angina is very encouraging"

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