image credit: Pixabay

Gilead combs Shoreline for NK cell therapies in $2.3bn alliance

The two companies will collaborate on the development of targeted NK cell and macrophage cells derived from induced pluripotent stem cells (iPSC), cementing a relationship that has already seen Kite invest in Shoreline’s first-round financing, which raised $43 million in April.

It’s the second deal in a matter of days for Shoreline, coming after China’s BeiGene paid $45 million upfront to harvest the San Diego-based biotech’s iPSC platform to develop NK cell therapies for cancer.

Read More on Pharmaphorum