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Fly News Breaks for September 18, 2018
FATE
Sep 18, 2018 | 08:30 EDT
Wells Fargo analyst Jim Birchenough reiterates an Outperform rating on Fate Therapeutics after the company announced a deal with Ono Pharmaceuticals for induced pluripotent stem cell derived CAR T Therapeutics. The deal validates Fate's iPSC platform, should increase confidence in near term investigational new drug application clearance and provides support for its accelerating pipeline development, Birchenough tells investors in a research note. He reiterates an Outperform rating on Fate Therapeutics.
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