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"Novartis has decided to disband its cell and gene therapy unit that has done its initial CAR-T work, a move that means 120 of the 400 workers will be let go and the rest redeployed. But the Swiss drugmaker insists the program is still alive and that it is still committed to building out the intricate manufacturing processes necessary to producing a CAR-T treatment.", www.fiercepharma.com
"Things don't always work out. Just months before it is slated to seek regulatory approval for a new cancer therapy, Swiss drug giant Novartis (NVS) is disbanding its pioneering cell and gene therapy unit and folding it up into other parts of the company. The move now raises questions about the prospects for the widely-talked about field of CAR-T Therapies, as well as companies like Kite Pharmaceuticals (KITE) and Juno Therapeutics (JUNO).", blogs.barrons.com
"Get the latest in biotechnology through daily news coverage as well as analysis, features, tutorials, webinars, podcasts, and blogs. Learn about the entire bioproduct life cycle from early-stage R&D, to applied research including omics, biomarkers, as well as diagnostics, to bioprocessing and commercialization.", www.genengnews.com
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