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Biotech / Medical : Juno Therapeutics Inc. (JUNO)
JUNO 86.960.0%Mar 6 4:00 PM EST

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From: Julius Wong8/28/2017 7:55:05 AM
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Gilead - Kite deal stokes buying in Juno Therapeutics, up 8% premarket
  • CAR-T developer Therapeutics (NASDAQ: JUNO) is up 8% premarket, albeit on only 1,100 shares, on the heels of Gilead's $11B takeout of Kite Pharma.
  • Juno sued Kite over its U.S. Patent No. 7,446,190 covering a construct for a CD-19-targeted CAR T cell treatment that employs a CD28 costimulatory domain claiming axicabtagene ciloleucel infringed. In December 2016, the USPTO agreed with Juno. The ruling is under appeal.
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