
Kite Pharma Inks Deal to Spur Move into European T-Cell Market
Kite Pharma announced that it acquired T-Cell Factory B.V. in an effort to strengthen its T-cell portfolio.
On March 17, 2015, Kite Pharma announced that it would expand its T-cell capabilities with the acquisition of privately-held Dutch company, T-Cell Factory B.V. (TCF), which has now been renamed Kite Pharma EU. As part of the €20 million (approximately $21 million USD) acquisition, TCF brings Kite Pharma TCR-GENErator, its proprietary technology platform that “rapidly and systematically discovers, characterizes, and selects tumor-specific TCRs [T-cell receptors] of therapeutic value,” according to a press release.
	The acquisition also allows Kite Pharma to move further into the European market by providing access to European clinical manufacturing facilities. Earlier in 2015, Kite Pharma 
"The acquisition of TCF and its novel discovery and development platform provides Kite with a strong position in TCR gene therapy for cancer. In addition, with our strategic plans for expanding clinical operations to ex-US sites, Kite's relationship with NKI, an internationally renowned research and clinical institution, provides an important operational platform and potential access to investigators, clinical sites and manufacturing facilities in Amsterdam," said Arie Belldegrun, MD, FACS, president and CEO of Kite Pharma, in a press release.
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