Search Results for: kite biotech

Israeli-founded biotech exits for $11.9 billion

US giant Gilead has just bought Kite (a biotech founded by Israel’s Arie Belldegrun) for $11.9 billion.  Kite’s CAR-T technology was developed by Weizmann Institute’s Professor Zelig Eshhar. A patient’s own immune system T-cells are genetically engineered to attack tumors. … Continue reading

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Scientific dynamo

Fascinating bio of Israeli cancer expert and entrepreneur Dr Aya Jakobovits. She founded Adicet Bio in 2014 and is still a Director. Co-founded Kite in 2010, selling it for $12 billion (see here). Exec VP of Agensys ($0.5 billion exit … Continue reading

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Lymphoma treatment approved

I reported previously (3rd Sep) on the US takeover of Israeli biotech Kite for $12 billion. The US FDA has now approved Kite’s Yescarta treatment for adults with relapsed or refractory large B-cell lymphoma. The treatment uses Israeli-developed CAR-T therapy … Continue reading

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“Chemotherapy will become just a bad memory”

I reported previously (3rd Sep) of Gilead’s $11.9 billion buyout of Kite – a biotech founded by Israel’s Professor Arie Belldegrun. Kite’s CAR-T technology cures non-Hodgkin lymphoma that kills 7,000 patients annually in the US alone. Prof Belldegrun gave his … Continue reading

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