Sangamo Bioseienees Inc.Sangamo Bioseienees Inc. has signed an exclusive intellectual property agreement with Duarte's City of Hope to co-develop treatments involving genetically modified genetically modified Adjective (of an organism) having DNA which has been altered for the purpose of improvement or correction of defects genetically modified genetic adj [food etc] → T-cells whose chimeric chi·mer·ic adj. 1. Relating to a chimera. 2. Composed of parts of different origin. immunoreceptor may be useful in treating cancer. Both parties plan to develop a cell therapy to treat a usually fatal brain cancer called gliobastoma multiforme. Sangamo is to pay City of Hope, which operates the City of Hope National Medical Center City of Hope is one of 39 NCI-designated Cancer Centers and is located in the city of Duarte, California. City of Hope comprises an ambulatory and in-patient cancer treatment center as well as a biomedical research facility known as the Beckman Research Institute and the City of Hope and Beckman Research Institute The Beckman Research Institute (BRI) is a research facility affiliated with the City of Hope National Medical Center in Duarte, CA. It is dedicated to studying normal and abnormal biological processes which may be related to cancer. , an upfront license fee and annual maintenance fees, with the institution also eligible for future milestone and royalty payments. Financial details were not disclosed. Staff reporter Deborah Crowe can be reached at (323) 549-5255, ext. 232, or at dcrowe@labusinessjournal.com. |
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