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Fly News Breaks for May 6, 2015
JUNO, FATE
May 6, 2015 | 12:16 EDT
After Fate Therapeutics (FATE) announced a new partnership with Juno Therapeutics (JUNO), H.C. Wainwright said it views the collaboration as "excellent" news, since it will give Fate a chance to showcase the potential of its technology in the CAR-T/TCR space. The firm added that it thinks interim data from the ongoing PUMA trial of PROHEMA could reflect advantages of faster engraftment. H.C. Wainwright keeps a Buy rating and $9 price target on Fate Therapeutics shares.
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