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Kite To Acquire Tmunity Therapeutics To Pursue Next Generation Car T-Cell Therapy Advancements In Cancer

PRIVATEDec 20, 2022

Acquiring Company

Kite

Acquired Company

Tmunity Therapeutics, Inc.

Santa MonicaPhiladelphiaManufacturingBiotechnologyTherapeuticsManufacturingBiotechnologyHealthcareTherapeutics

Description

Kite, a Gilead Company (Nasdaq: GILD), and Tmunity Therapeutics (Tmunity), today announced that the companies have signed an agreement in which Kite will acquire Tmunity, a clinical-stage, private biotech company focused on next-generation CAR T-therapies and technologies. The acquisition of Tmunity complements Kite’s existing in-house cell therapy research capabilities by adding additional pipeline assets, platform capabilities, and a strategic research and licensing agreement with the University of Pennsylvania (Penn).

Quick answer

Kite is acquiring Tmunity Therapeutics, Inc., announced December 20, 2022. Kite is based in Santa Monica, California, United States.

Who acquired Tmunity Therapeutics, Inc?
Kite agreed to acquire Tmunity Therapeutics, Inc. on December 20, 2022.
How much did Kite pay for Tmunity Therapeutics, Inc?
The deal value was not disclosed.
What does Kite do?
Kite, a Gilead Company, is a global biopharmaceutical company based in Santa Monica, California, focused on cell therapy to treat and potentially cure cancer.
Where are Kite and Tmunity Therapeutics, Inc. based?
Kite is based in Santa Monica, California, United States. Tmunity Therapeutics, Inc. is based in Philadelphia, Pennsylvania, United States.

Source: Fundz verified event record.

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Company Information

Company

Kite

Location

Santa Monica, California, United States

About

Kite, a Gilead Company, is a global biopharmaceutical company based in Santa Monica, California, focused on cell therapy to treat and potentially cure cancer. As the global cell therapy leader, Kite has treated more patients with CAR T-cell therapy than any other company. Kite has the largest in-house cell therapy manufacturing network in the world, spanning process development, vector manufacturing, clinical trial production and commercial product manufacturing. For more information on Kite, please visit www.kitepharma.com.

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Frequently asked

Who acquired Tmunity Therapeutics, Inc.?

Tmunity Therapeutics, Inc. was acquired by Kite, based in Santa Monica. The deal was reported on December 20, 2022. Kite, a Gilead Company, is a global biopharmaceutical company based in Santa Monica, California, focused on cell therapy to treat and potentially cure cancer. Kite is privately held and operates in Manufacturing.

When did Kite acquire Tmunity Therapeutics, Inc.?

Kite's acquisition of Tmunity Therapeutics, Inc. was reported on December 20, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Tmunity Therapeutics, Inc. do?

​Tmunity is a private, clinical-stage biotechnology company focused on transforming the future of CAR-T therapies by developing the next generation of engineered T-cell therapies, innovative manufacturing process and technologies. It is privately held, operating in Manufacturing, and is based in Philadelphia.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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