Precision Sells Off Autoimmune Rights For Allogeneic CAR-T To TG Therapeutics

 
• By Alaric DeArment
  
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TG, which has seen growing sales for Briumvi in multiple sclerosis, is expanding into CAR-T for immunology as Precision pivots to in vivo gene therapies.

TG and Precision signed a deal for Precision's off-the-shelf CAR-T, both companies having recently made strategic pivots. • Source: Shutterstock

As sales of its CD20-directed monoclonal antibody for multiple sclerosis pick up speed, TG Therapeutics, Inc. is furthering its pivot from oncology into immunology through a deal with Precision BioSciences, Inc. to develop a CD19-directed allogeneic CAR-T cell therapy for autoimmune diseases. Precision itself had announced plans over the summer to exit development of the asset, azercabtagene zapreleucel (azer-cel), and make its own strategic pivot.

TG announced the global licensing deal for exclusive worldwide rights to develop and commercialize azer-cel in non-oncology indications on 9...

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