ElevateBio LLC Chairman and CEO David Hallal said when the company unveiled its hub-and-spoke model for cell and gene therapy development, manufacturing and commercialization that it would reveal the first spokes in its hub in the coming weeks and months. Nine days later, on 22 May, ElevateBio announced its affiliation with AlloVir, as well as a $120m series B venture capital round for the virus-specific T-cell therapy developer formerly known as ViraCyte LLC.
ElevateBio Announces AlloVir As First Spoke In Its Cell And Gene Therapy Hub
ElevateBio revealed the first company to hitch up with its newly established centralized cell and gene therapy development, manufacturing and commercial capabilities – AlloVir, formerly ViraCyte, which is developing T-cell therapies to treat viruses in immunocompromised patients.
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