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Business

Amgen, Kite Pharma Team Up On Cancer

by Rick Mullin
January 12, 2015 | A version of this story appeared in Volume 93, Issue 2
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Amgen and immunotherapy specialist Kite Pharma are joining to develop and commercialize novel chimeric antigen receptor (CAR) T-cell immunotherapies based on Kite’s engineered autologous cell therapy platform and Amgen’s cancer targets. Kite will receive $60 million up front and is eligible for up to $525 million in milestone payments. Amgen could also receive the same amount in milestone payments from Kite.

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