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Can Juno Therapeutics Outmaneuver Its CAR-T Competitors?


Can Juno Therapeutics Outmaneuver Its CAR-T Competitors?

Novartis(NYSE: NVS) filed for Food and Drug Administration (FDA) approval of its chimeric antigen receptor T-cell therapy (CAR-T), Kymriah, in late-stage diffuse large B-cell lymphoma (DLBCL) yesterday. If approved, Kymriah will join Gilead Sciences' (NASDAQ: GILD) Yescarta in enjoying early mover advantages over Juno Therapeutics(NASDAQ: JUNO) JCAR017, which is on pace to get filed for approval in DLBCL next year.

Novartis and Gilead Sciences could end up crowding Juno Therapeutics out of this important market, but JCAR017 can still become a blockbuster if it puts up best-in-class safety in its trials. 

IMAGE SOURCE: GETTY IMAGES.

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Source: Fool.com

Gilead Sciences Inc Stock

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There is an upward development for Gilead Sciences Inc compared to yesterday, with an increase of €1.82 (1.540%).
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As a result the target price of 128 € shows a slightly positive potential of 6.83% compared to the current price of 119.82 € for Gilead Sciences Inc.
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