Nektar and Takeda team up to explore anti-cancer potential of NKTR-214

Seeking Alpha

Published May 22, 2017 11:35AM ET

Nektar and Takeda team up to explore anti-cancer potential of NKTR-214

  • Nektar Therapeutics (NKTR +0.3%) and Takeda Pharmaceutical Company (OTCPK:TKPYY) enter into a research collaboration to explore the cancer-fighting potential of the combination of Nektar's NKTR-214 with five Takeda compounds.
  • Under the terms of the partnership, the companies will the costs of preclinical studies and each will supply their respective compounds. Both will retain global commercial rights to their candidates.
  • NKTR-214 stimulates the immune system by targeting CD122-specific receptors found on the surface of certain immune cells which stimulates their proliferation.
  • Now read: Takeda Takes A Plunge Into The Fringes Of Cell Therapy

Original article

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