Clade Therapeutics acquires Dutch cell therapy firm Gadeta
Today, Boston, USA-based Clade Therapeutics announced the acquisition of Gadeta, a Netherlands-based cell therapy company developing innovative gamma/delta (g/d) T-cell receptor (TCR)-based immunotherapies for cancer patients.
Actual financial terms of the acquisition have not been disclosed, other than that Clade said it has acquired all outstanding shares of Gadeta, making it a wholly-owned subsidiary of Clade, and that Gadeta shareholders will receive upfront and downstream economics.
Clade’s pipeline programs are focused on replicating the benefits of the autologous cell therapy products, while addressing their profound limitations – inconsistent quality, challenging patient logistics, and lack of scalability.
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