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NK

NantKwest

$7.59

-0.19 (-2.44%)

10:03
10/04/16
10/04
10:03
10/04/16
10:03

NantKwest, Altor BioScience announce co-development agreement

Altor BioScience Corporation, a developer of novel cytokine-based immunotherapeutics for cancer and infectious diseases and NantKwest, a clinical-stage immunotherapy company focused on harnessing the unique power of off-the-shelf Natural Killer cells to treat cancer, infectious diseases and inflammatory disorders announced the establishment of a co-development agreement focused on Altor's lead candidates developed from its proprietary technology platforms, based on cytokines Interleukin-15 and Interleukin-2, that are currently in several Phase 1/2 clinical trials for hematologic and solid tumors. Under the terms of the agreement, Altor and NantKwest will exclusively collaborate on the development of therapeutic applications combining Altor's proprietary IL-15 superagonist, ALT-803, and its single-chain T cell receptor/IL-2 fusion protein, ALT-801, products with NantKwest's proprietary NK cell therapy platforms for oncology indications. Financial terms of this co-development are not disclosed.

NK NantKwest
$7.59

-0.19 (-2.44%)

12/22/15
ADAM
12/22/15
INITIATION
Target $20
ADAM
Buy
NantKwest initiated with a Buy at Canaccord
Canaccord analyst Arlinda Lee initiated NantKwest with a Buy rating and $20 price target on shares.
12/22/15
12/22/15
INITIATION

On The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: AVANGRID (AGR) initiated with a Neutral at JPMorgan... Accuray (ARAY) initiated with a Sector Perform at RBC Capital... American Express (AXP) initiated with a Market Perform at JMP Securities... BioTime (BTX) initiated with an Outperform at Oppenheimer... Biota Pharmaceuticals (BOTA) initiated with an Outperform at FBR Capital... Box (BOX) initiated with an Outperform at JMP Securities... CNO Financial (CNO) initiated with an Outperform at Raymond James... Capital One (COF) initiated with a Hold at Evercore ISI... Criteo (CRTO) initiated with a Buy at SunTrust... CyberArk (CYBR) initiated with a Hold at Evercore ISI... CyrusOne (CONE) initiated with an Overweight at JPMorgan... Digital Realty (DLR) initiated with a Neutral at JPMorgan... Discover (DFS) initiated with a Hold at Evercore ISI... Etsy (ETSY) initiated with a Sell at Roth Capital... Fenix Parts (FENX) initiated with a Buy at Roth Capital... Fibrocell Science (FCSC) initiated with a Buy at Roth Capital... Franklin Electric (FELE) initiated with a Sell at Ladenburg... Harman (HAR) initiated with a Neutral at Susquehanna... Karyopharm (KPTI) initiated with a Buy at Canaccord... MPLX (MPLX) initiated with a Neutral at Credit Suisse... Marchex (MCHX) initiated with a Buy at Roth Capital... NantKwest (NK) initiated with a Buy at Canaccord... Nexstar (NXST) initiated with an Outperform at Barrington... Orbital ATK (OA) initiated with a Buy at CL King... Perrigo (PRGO) initiated with an Outperform at Northland... QTS Realty Trust (QTS) initiated with an Overweight at JPMorgan... RPC, Inc. (RES) initiated with a Buy at Guggenheim... Rubicon Project (RUBI) initiated with a Buy at SunTrust... Sorrento Therapeutics (SRNE) initiated with an Outperform at FBR Capital... Travelport (TVPT) initiated with a Neutral at SunTrust... TubeMogul (TUBE) initiated with a Buy at SunTrust... Ultragenyx (RARE) initiated with a Buy at Canaccord... Varian Medical (VAR) initiated with a Sector Perform at RBC Capital... Wayfair (W) initiated with a Neutral at SunTrust... Xencor (XNCR) initiated with a Buy at Canaccord.
06/02/16
RAJA
06/02/16
INITIATION
RAJA
Market Perform
NantKwest initiated with a Market Perform at Raymond James

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GDX

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GLD

SPDR Gold Trust

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EADSY

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NUGT

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FOXA

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VXX

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DLB

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XIV

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C

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JPM

JPMorgan

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TVIX

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INNV

Innovus Pharmaceuticals

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SVXY

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TYL

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FCAU

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NFLX

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, NTDOY

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NTDOY

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