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Business

Novartis to disband its CART division

by Michael McCoy
September 5, 2016 | APPEARED IN VOLUME 94, ISSUE 35

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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