Pharma Industry News

Astellas scoops up Universal Cells for $102.5m

Written by David Miller

Astellas Pharma had only signed an exclusive licensing deal with Universal Cells back in October for the co-development of a particular drug candidate utilising the latter company’s technology, four months later Astellas has returned to buyout the company.

Clearly, Astellas liked what it saw during the exploratory deal to use Universal Cells’ proprietary Universal Donor Cell technology – this sees the biotech able to create cell therapy products that do not require Human Leukocyte antigen matching.

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About the author

David Miller

a pharmacist, a tech enthusiastic, who explored the Internet to gather all latest information pharma, biotech, healthcare and other related industries.

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