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Pharmaceutical giant Novartis shuts down its gene therapy research

| | September 9, 2016

Healthcare company Novartis has either fired or reassigned roughly 400 researchers previously tasked with developing cell and gene therapies. While most of those scientists will be employed by the company elsewhere, 120 positions will be eliminated…The Cell and Gene Therapies Unit, led by Usman Azam, attracted attention for a promising experimental therapy based on chimeric antigen receptor T-cells (CAR-T), called CTL109, designed to treat lymphomas in children….

In a statement, the company said they reallocated researchers from the cell and gene therapies unit “as part of a natural evolution of our internal organizational design. An isolated Unit worked well under our prior Pharma Division structure, but with a new integrated development model, we can efficiently advance our work on CAR-T as part of our focus in immuno-oncology by reintegrating the functions….”

“Novartis is committed to the ongoing development of CAR-T therapies” and will move forward with plans to submit CTL019 for approval later next year, the statement continued. In addition, dissolving the unit will not impact a collaboration between Novartis and the University of Pennsylvania.

The GLP aggregated and excerpted this blog/article to reflect the diversity of news, opinion and analysis. Read full, original post: Novartis Drops Gene Therapy Research

The GLP aggregated and excerpted this article to reflect the diversity of news, opinion, and analysis. Click the link above to read the full, original article.
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