Issue Date: September 5, 2016
Novartis to disband its CART division
Novartis is disbanding its Cell & Gene Therapy unit, which it formed about five years ago to pursue reprogramming the body’s T cells into cancer fighters called chimeric antigen receptor T cells, or CARTs. The company says it will integrate the activities of the 400-person unit into the larger Novartis organization. In the process, about 120 jobs will be lost. Novartis says it is committed to seeking U.S. and European approval of CTL019, a CART therapy for pediatric acute lymphoblastic leukemia, next year.
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