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cowtown jay

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cowtown jay

Re: cowtown jay post# 41855

Thursday, 02/15/2024 6:55:32 AM

Thursday, February 15, 2024 6:55:32 AM

Post# of 43258
Investors are really sweet on Gracell, as we see a third Beneficial Ownership filing for them on Feb 14th, this one, "...subject to a Beneficial Ownership Blocker (as defined below)," which limited the acquisition to a total 9.99% stake in the company.

https://www.sec.gov/Archives/edgar/data/1346824/000110465924023999/tm246065d12_sc13ga.htm

Are these investors reacting to Gilead/Kite's announcement two weeks ago of FDA approval to "speed up" their CAR-T turnaround time from 16 days to 14 days?

https://www.fiercepharma.com/manufacturing/gileads-kite-wins-fda-nod-new-car-t-manufacturing-process-speed-yescarta-turnaround

This compares to Gracell's recently enhanced (with lenz?) "...FasT CAR solution, preparation time can be cut to 24 hours, significantly reducing production cost and waiting time."

https://www.pharmasources.com/industryinsights/54541.html
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