October 28, 2015 10:27am

Was issued for the generation of induced pluripotent cells … HOLD at this pricing!


 

FATE reported the USPTO has issued it a US Patent <owned by the Whitehead Institute for Biomedical Research. The compositions described in the patent are foundational to the generation of induced pluripotent cells, which are a source of cells offering unique potential for off-the-shelf adoptive immunotherapy.

 

The Bottom Line: This novel induced pluripotent cell approach to cancer immunotherapy combines genetic engineering with rapid and efficient generation of immune cells designed to enable the unlimited production of engineered T cells and NK cells in a consistent, scalable and efficient manner.

The newly issued U.S. patent, which is owned by the Whitehead Institute for Biomedical Research and licensed exclusively to FATE for all therapeutic purposes, provides broad protection for cell compositions expressing a sufficient amount of octamer-binding transcription factor 4 (Oct4) to enable pluripotency.

The production of Oct4 protein within a cell is a critical requirement to consistently and efficiently induce pluripotency. FATE is utilizing its novel platform to engineer the immunological properties of pluripotent cells, creating a … continual source for the generation of engineered T- and NK-cell immunotherapeutics.

 

FATE closed at $3.57 and is UP +$0.19 or +5.32% to $3.76 which was also mentioned in our pre-open posting as a BUY