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BMS joins off the shelf cell therapy chase with alliance on Immatics cancer drug - Vimarsana News

BMS joins off the shelf cell therapy chase with alliance on Immatics cancer drug

Bristol Myers Squibb is paying $150 million up front for global rights to an Immatics biologic drug designed to recruit a patient’s T cells to go after cancer cells. It’s the latest deal in the field of cancer drug developers aiming for off-the-shelf treatments intended to be easier and less expensive to manufacture, distribute, and administer compared to earlier cell therapies.