FDA hold sends shares in CAR-T company sliding

19 June 2018

US biotech Ziopharm Oncology (Nasdaq: ZIOP) closed more than 18% down on Monday after its Phase I trial of CD19-specific CAR-T therapies hit a roadblock before it had started.

Ziopharm differentiates its approach by saying that it could develop a decentralized, rapid manufacturing process based in hospitals that avoids the processing expenses of currently-marketed CAR-T therapies.

"We know what is needed to address the hold issues"

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