Novartis AG took another step toward catching up with its peers in the cell therapy space with a partnership with Legend Biotech Corp. to develop CAR-T cells for solid tumors, particularly lung and neuroendocrine cancers, with one of the licensed candidates already in the clinic.
Legend announced the deal on 13 November, through a subsidiary, whereby Novartis will pay it $100m up front plus clinical, regulatory and commercial milestone payments of up to $1
Key Takeaways
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Novartis is paying $100m up front and up to $1.01bn in milestones to Legend to license its DLL3-targeting CAR-Ts for small-cell lung and neuroendrocrine cancers, including the Phase I LB2102.
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It marks Novartis’s first application of its T-Charge CAR-T platform to a therapy candidate for solid tumors, designed to speed up manufacturing and improve cell quality