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Ligand, AvenCell financing deal worth up to $47M (LGND:NASDAQ)

  • Ligand Pharmaceuticals (LGND) on Thursday announced a financing agreement worth up to $47M with privately held AvenCell Therapeutics to help advance AvenCell’s pipeline of CAR-T cell therapies.
  • Cambridge, Massachusetts-based AvenCell’s lead asset is AVC-201, an anti-CD123 CAR-T undergoing a Phase 1b expansion
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