Cell Medica has appointed Chris Nowers as its CEO. Nowers joins the company from Gilead’s Kite Pharma at a time when Cell Medica is seeking to push CAR and TCR candidates through clinical development and on to the market.
London-based Cell Medica has built out its cell therapy platform in recent years by raising more than £100 million ($131 million), acquiring assets and technologies and teaming up with Houston’s Baylor College of Medicine. These activities have given Cell Medica a handful of natural killer T cell CARs and TCR assets that are nearing the clinic.
Having put that foundation in place, Cell Medica’s founder, CEO Gregg Sando, is stepping down and handing over the reins to Nowers. The CEO switch gives Cell Medica a leader who is as well-versed as anyone in the emerging skill of building out cell therapy infrastructure in Europe.
Nowers joined Kite from Bristol-Myers Squibb in October 2016 with a brief to establish a commercial operation capable of handling the anticipated approval of CAR-T therapy Yescarta. After 22 months as Kite’s European leader, Nowers leaves the company as it closes in on the European approval of the CAR-T.
Cell Medica is still some way from filing for approval of its cell therapy candidates—none of its active programs have progressed past phase 2—but it already has an eye on what it will take to turn the drugs into commercial successes.
“[Nowers’] experience in the commercialization of oncology programs is an excellent fit for the company’s ambitions as we progress towards realizing our goals of delivering compelling new cellular immunotherapies for the treatment of cancer patients,” Cell Medica chair Annalisa Jenkins said in a statement.
Earlier in his career, Nowers built and led teams that handled the European commercialization of Bristol-Myers’ checkpoint inhibitors Opdivo and Yervoy.
By Nick Paul Taylor
Source: Fierce Biotech
One of the most compelling acquisition sagas in the pharma industry in recent times has come to an end, with Pfizer prevailing over Novo Nordisk in a fierce bidding war to acquire obesity biotech Metsera. After mulling over competing offers from both Pfizer and Novo Nordisk, Metsera has decided to go with the former’s $10bn offer.
French industrial group Anjac Health & Beauty has acquired food supplements supplier PharmaLinea and now comprises 17 complementary companies with R&D and production capacities in health, beauty, personal care, and food supplements.
The big pharma company will pay $221.50 per share in cash to buy Cidara, a US biotech that has developed a platform of drug-Fc conjugates (DFCs). The technology has allowed Cidara to build molecules with prolonged half-life whose efficacy does not require an immune response.
