Takeda invests in Fate Therapeutics
Tuesday, May 10, 2011
The investment has been made via the Japanese drugmaker’s corporate venture arm, Takeda Ventures, and is designed to expand Takeda’s portfolio in regenerative medicine.
Fate’s first therapeutic candidate is now in phase Ib studies in hematopoietic reconstitution in patients with malignancies such as leukemia and lymphoma.
Takeda says its new partner utilizes “the most advanced biologics and reprogramming technologies for identifying promising points of therapeutic intervention.” Fate has secured backing from venture firms and the investment arms of Astellas and Genzyme.