Century Therapeutics inks deal with BMS on iPSC-derived allogeneic cell therapies
Shares of Century Therapeutics (Nasdaq: IPSC) shot up 15.1% to $15.22, after it revealed a research collaboration and license agreement with pharma major Bristol Myers Squibb (NYSE: BMY) to develop and commercialize up to four induced pluripotent stem cell (iPSC) derived, engineered natural killer cell (iNK) and0/or T cell (iT) programs for hematologic malignancies and solid tumors.
The first two programs include a program in acute myeloid leukemia and a program in multiple myeloma, which could incorporate either the iNK or a gamma delta iT platform. BMS has the option to add two additional programs which can be nominated subject to certain conditions agreed with Century in the agreement.
Terms of the collaboration
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