FATEJNJ - Market non-reaction in other iNK related companies suggest that this is a company specific issue. The upfront was hohum, but the complete funding of all activities related to target antigens must have been the problem. JNJ either must not like the results and/or felt that they were getting milked. IMO the general perspective prior to this was that FATE was the leader in iNK. Others try to avoid them by doing iNKT, iGammaDelta, iMO, etc.... IMO the whole iPSC immune cell space is under a cloud.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.