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Fate Therapeutics, Inc. (NASDAQ: FATE) is a clinical-stage biopharmaceutical company based in the United States, specializing in the development of programmed cellular immunotherapies for cancer and autoimmune disorders. The company's innovative approach leverages induced pluripotent stem cell (iPSC) technology to create off-the-shelf, engineered NK- and T-cell product candidates designed to deliver multiple therapeutic mechanisms to patients.
Fate Therapeutics' proprietary iPSC product platform enables the mass production of multiplexed-engineered cell products that are uniform in composition and can be stored for off-the-shelf availability. This platform allows for the efficient manufacture of well-defined cell therapies that can be used in combination with other treatments, significantly overcoming the limitations of patient- or donor-sourced cells.
Recent highlights include the initiation of patient enrollment in the Phase 1 study of FT522, an ADR-armed, CD19-targeted CAR NK cell program for B-cell lymphoma. Additionally, the FDA has cleared the IND application for FT825/ONO-8250 in solid tumors, marking a key milestone in the company's collaboration with ONO Pharmaceutical. The expansion of the iPSC product platform into autoimmunity with FT819, targeting systemic lupus erythematosus, further underscores Fate Therapeutics' commitment to addressing complex diseases.
The company's financial health remains robust, bolstered by recent funding efforts, including the sale of shares and pre-funded warrants to institutional investors. Fate Therapeutics continues to lead in the field of cellular immunotherapies, with a strong pipeline of product candidates and an intellectual property portfolio comprising over 500 issued patents and 500 pending patent applications.
Headquartered in San Diego, CA, Fate Therapeutics is dedicated to advancing its clinical programs and providing innovative treatments to improve patient outcomes. For more information, please visit www.fatetherapeutics.com.
Fate Therapeutics reported its Q2 2022 results, highlighting ongoing clinical trials for its product candidates targeting aggressive B-cell lymphoma and solid tumors. The company has initiated enrollment in multiple studies, including FT596+R for relapsed/refractory B-cell lymphoma and FT536 for solid tumors. With $580.8 million in cash and $18.5 million in revenue for the quarter, Fate is actively expanding collaborations with Janssen and ONO. R&D expenses totaled $81.3 million, reflecting investment in its innovative therapies.
Fate Therapeutics (NASDAQ: FATE) announced a conference call on August 3, 2022, at 5:00 PM ET to discuss its Q2 2022 financial results and provide a corporate update. The call can be accessed via phone or a live audio webcast available on the Company’s website. Fate Therapeutics focuses on developing advanced cellular immunotherapies for cancer patients, utilizing its proprietary induced pluripotent stem cell (iPSC) technology. The Company aims to establish a leadership position in the clinical development of universal, off-the-shelf cell products.
Fate Therapeutics (NASDAQ: FATE) has appointed Brian T. Powl as Chief Commercial Officer, bringing extensive experience in commercial leadership for hematologic malignancies. Powl previously led the global commercial strategy for CAR T-cell therapies at Celgene. His expertise is expected to enhance Fate's late-stage clinical development and product launch pathways for off-the-shelf cellular immunotherapies. Powl received options for 70,000 shares and 45,000 restricted stock units, both vesting over four years, aligning his incentives with company performance.
Fate Therapeutics (NASDAQ: FATE) expands its collaboration with ONO Pharmaceutical to develop CAR NK and CAR T-cell candidates targeting solid tumors. This enhanced partnership includes ONO contributing novel binding domains for a second solid tumor antigen. Fate will lead preclinical development, with ONO having an option for global commercialization. The deal ensures ongoing research funding for Fate and potential milestone payments, including tiered royalties on net sales. Fate's innovative iPSC product platform supports mass production of engineered cell products for cancer treatments.
Fate Therapeutics (NASDAQ: FATE) will present at the 2022 Jefferies Global Healthcare Conference on June 10, 2022, at 9:00 AM ET in New York. The company focuses on developing programmed cellular immunotherapies for cancer patients, leveraging its proprietary induced pluripotent stem cell (iPSC) platform. A live webcast of the presentation will be available in the Investors section of the company's website, with an archived version accessible shortly after the event.
Fate Therapeutics, a clinical-stage biopharmaceutical company focused on cellular immunotherapies, announced its participation in two upcoming investor conferences. The BofA Securities 2022 Healthcare Conference will be held on May 12, 2022, at 12:20 PM ET in Las Vegas, Nevada. Additionally, the H.C. Wainwright Annual Global Life Sciences Conference will be available on demand starting May 24, 2022, at 7:00 AM ET. Interested investors can access live webcasts of the presentations on the company’s website. Fate Therapeutics aims to develop innovative cell therapies for cancer treatment.
Fate Therapeutics (NASDAQ: FATE) reported significant advancements in Q1 2022, with ongoing patient enrollment in multiple trials for its CAR T-cell therapies aimed at treating relapsed/refractory B-cell lymphoma and acute myeloid leukemia. Notably, FT596's clinical protocol combining it with R-CHOP will be submitted to the FDA in 2Q22. The company holds $641.7 million in cash and investments and recorded $18.4 million in revenue, largely from collaborations. However, R&D expenses totaled $72.1 million, highlighting an ongoing financial commitment to innovation.
Fate Therapeutics, a clinical-stage biopharmaceutical company, will host a conference call on May 4, 2022, at 5:00 PM ET to discuss its first quarter 2022 financial results and provide a corporate update. Participants can join via phone or listen to the live audio webcast available on the company’s website. Fate Therapeutics is focused on developing first-in-class programmed cellular immunotherapies targeting cancer patients, utilizing its proprietary iPSC product platform for creating off-the-shelf NK and T-cell therapies.
Onxeo S.A. has appointed
Fate Therapeutics (NASDAQ: FATE), a biopharmaceutical firm focused on cellular immunotherapies for cancer, announced its participation in three upcoming investor conferences. These include the Cowen 42nd Annual Health Care Conference on March 9, 2022, at 11:10 AM ET, the Barclays Global Healthcare Conference on March 16, 2022, at 11:45 AM ET, and the Oppenheimer 32nd Annual Healthcare Conference on March 17, 2022, at 8:00 AM ET. Each presentation will be available on-demand, with recordings accessible via the Company's website shortly after the events.