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Stock impact report

Vyriad signs 'huge' deal with Novartis to develop new cancer treatments [Yahoo! Finance]

Regeneron Pharmaceuticals, Inc. (REGN) 
Last regeneron pharmaceuticals, inc. earnings: 2/6 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: investor.regeneron.com
Company Research Source: Yahoo! Finance
"It's huge. We are so delighted because it gives us financial security stretching significantly into the future," Vyriad CEO and Co-founder Dr. Stephen Russell. "And this endorses this new technology that we've developed. ... We've got this external endorsement of our technology platform by a leading company in this area. They're the Rolls Royce engine. This will drive this technology to the first in-human clinical testing." Vyriad and its sister company, Imanis Life Sciences, develop cancer therapies by genetically tailoring viruses to turn a patient's own T cells into "serial killers" to attack and destroy cancer. CAR-T therapies have become a more common method as a way to treat cancer in recent years. However, it is expensive and time consuming as the current approach is to remove cells from a patient, ship them to a lab to be genetically altered and then sent back to be infused back into the patient. The new collaboration between Vyriad and Novartis is based around Vyriad' Show less Read more
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