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Finance Watch: Former Juno Execs Launch Sana With Allogeneic Cell Therapy Platform

 
• By Mandy Jackson

Private Company Edition: Former Juno execs launch allogeneic cell therapy venture Sana, Atlas raises a $250m fund, and the Rakuten Aspyrian, Apollomics and Antengene VC deals exceed the $100m mark.

Finance Watch

Former executives from the autologous chimeric antigen receptor T-cell (CAR-T) therapy developer Juno Therapeutics Inc., following the company's $9bn acquisition by Celgene Corp. last year, have launched a new company called Sana Biotechnology Inc. that's creating allogeneic engineered cells as novel therapies.

But while the endeavor is reminiscent of Allogene Therapeutics Inc. – launched last year by former Kite Pharma Inc. executives after the autologous CAR-T therapy developer's $11.9bn acquisition by Gilead Sciences Inc. to develop allogeneic CAR-T therapies – Sana appears to be focused on a broader array of donor cell-derived therapies than Allogene

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