Gilead Sciences Inc. chose to invest up to $3.16bn in one of the gene editing field's earliest developers – Sangamo Therapeutics Inc. – over emerging players in this area to help Gilead's Kite Pharma Inc. subsidiary create better T cell therapies for cancer.
Gilead executives have said since the company acquired chimeric antigen receptor T cell (CAR-T) therapy developer Kite for $11.9bn last year it would invest in additional technologies to expand and improve its new cell therapy platform. Gilead President and CEO John Milligan described Sangamo's zinc finger nuclease (ZFN) technology as "the optimal gene editing platform," in a Feb
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