(KITE) (NASDAQ:KITE) released its quarterly earnings data on Tuesday, February, 28th. [27], In March, Kite Pharma has announced that it would be collaborating with Genentech, in order to evaluate the safety and efficacy of two of its novel therapies. 7 Electric Vehicle (EV) Stocks That Have Real Juice, 7 Post-Inauguration Stocks to Buy For Under $20, 7 Cryptocurrencies That Are Leading The Market Higher, 7 Stocks to Support Your New Year’s Resolutions, 7 Things You Need To Know About Cryptocurrency, 7 Stocks to Buy As Americans Receive Stimulus Checks, 7 Outdoor Recreation Stocks For Growth And Dividends, 8 EV Stocks To Electrify Your Growth Portfolio, Receive Analysts' Upgrades and Downgrades Daily. Investor Relations. Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter. [12], In March, the company announced that the U.S. Food and Drug Administration (FDA) Office of Orphan Products Development granted orphan drug designation for the company's proposed therapy for DLBCL. After a Post-Earnings Drop, is it Time to Ride PetMed Express? In the past three months, (KITE) insiders have not sold or bought any company stock. The Company is conducting a registrational Phase II clinical trial (ZUMA-1) of KTE-C19 in patients with relapsed or refractory aggressive diffuse large B cell lymphoma (DLBCL), primary mediastinal B cell lymphoma (PMBCL), or transformed follicular lymphoma (TFL). Kite Pharma, Inc. is a clinical-stage biopharmaceutical company. Kite Pharma said it would receive an upfront payment of $40 million from the joint venture, funded by Fosun Pharma as well as regulatory and commercial milestones totaling $35 million. View our full suite of financial calendars and market data tables, all for free. The six companies are Celgene , Biogen , Regeneron Pharmaceuticals , Kite Pharma, Incyte and Loxo Oncology . Vezan: Merck: Current equity holder in publicly-traded company; Abbvie: Current equity holder in publicly-traded company; Kite, a Gilead Company: Current Employment, Honoraria, Other: … Jason Mast Editor. If the share price of a security gets too high, a company can perform a stock split by issuing all shareholders an extra share, thereby halving the price of an individual share. Kite Pharma is a clinical-stage biopharmaceutical company engaged in the development of novel cancer immunotherapy products. (KITE)'s management team includes the following people: Executive Chairman of the Board, President, Chief Executive Officer, Founder, Executive Vice President - Research and Development, Chief Medical Officer, Executive Vice President - Business Development, Executive Vice President - Technical Operations, Senior Vice President - Corporate Communications and Investor Relations, Senior Vice President - Clinical Development, Start Your Risk-Free Trial Subscription Here, Mine OK'd in Trump's last days may boost Biden energy plan, Insurers add food to coverage menu as way to improve health, DuPont, Chemours reach agreement over 'forever chemicals', The Latest: Short on bed space, Brazilian state locks down, The Latest: Court rules against S. Calif. church request, One of 22 workers trapped in China gold mine rescued, 3 Clean Energy Stocks that Could Get Boosted by Biden, Why These 3 ETFs Should be in Your 2021 Portfolio, Buy Kinder Morgan, Inc While It Still Yields 6.75%. [6], MIT Technology Review ranked Kite Pharma 7th in its annual list of 50 Smartest Companies 2017. [11] The clinical data were presented at the 55th American Society of Hematology Annual Meeting. Major shareholders can include individual investors, mutual funds, hedge funds, or institutions. (KITE) does not have a long track record of dividend growth. See Our Mission. This paper described a method of using data from a company's financial reports to help predict future performance. [29] Also in June, Kite Pharma announced that it has entered into a new Cooperative Research and Development Agreement (CRADA) with the Experimental Transplantation and Immunology Branch (ETIB) of the National Cancer Institute (NCI) for the research and clinical development of T-cell receptor (TCR) product candidates directed against human papillomavirus (HPV)-16 E6 and E7 oncoproteins for the treatment of HPV-associated cancers. Kite Pharma, Inc. is a clinical-stage biopharmaceutical company. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. Neither has produced the hoped for commercial success yet. Remarkably, given China’s burgeoning cell therapy sector, JW will become one of only a handful of such businesses to be publicly traded. In October 2017, Kite Pharma’s (previously publicly traded as “KITE”) therapy, Yescarta became the first … Cooper:Genentech, Inc./ F. Hoffmann-La Roche: Current Employment, Current equity holder in publicly-traded company. Back in July of 2017, I wrote a column on these pages discussing the early patent battles between two high-flying biotech firms, Kite and Juno, as both companies raced to bring a miraculous … The main phone number is (800) 445-3235 or (650) 574-3000. This is usually a negative indicator. Fosun Kite Biotechnology Co. Ltd. Shanghai-based Fosun Kite Biotechnology Co. Ltd. was founded in April 2017 as a joint venture of Shanghai Fosun Pharmaceutical Co., Ltd and U.S. Kite Pharma. Zheng: Kite, a Gilead Company: Current Employment; Gilead Sciences: Current equity holder in publicly-traded company. The therapies in question, KTE-C19 and atezolizumab, would be tested in combination with each other. [5] In October 2017, Kite Pharma’s therapy, Yescarta (axicabtagene ciloleucel) became the first CAR-T therapy approved by the FDA for the treatment of adult patients with relapsed or refractory large B-cell lymphoma after two or more lines of systemic therapy. Neither has produced the hoped for commercial success yet. Together, the parties will design and develop a platform for patients, physicians and treatment centers that enables commercial-scale ordering, logistics, monitoring and delivery of autologous cell therapies if they are FDA-approved, including axicabtagene ciloleucel (formerly known as KTE-C19), Kite’s lead investigational engineered T-cell therapy for aggressive non-Hodgkin lymphoma. Based on aggregate information from My MarketBeat watchlists, some companies that other (KITE) investors own include Puma Biotechnology (PBYI), (MDVN) (MDVN), BioMarin Pharmaceutical (BMRN), Incyte (INCY), First Solar (FSLR), Dynavax Technologies (DVAX), United Airlines (UAL), 1877 (JUNO), Array Technologies (ARRY) and bluebird bio (BLUE). [33], In April, Kite has won the ‘Clinical Trial Result of the Year’ award for its CAR-T trial of Axicabtagene Ciloleucel in patients with Aggressive Non-Hodgkin Lymphoma at the 2017 Clinical and Research Excellence Awards. KITE closed at $63.07 on October 8 and was trading above the 20-day, 50-day, and 100-day moving averages. The company is developing a pipeline of … Export data to Excel for your own analysis. Upon its approval, FDA Commissioner Scott Gottlieb, M.D. One way would be to spend hours of research browsing through thousands of publicly traded companies. Neither has produced the hoped for commercial success yet. The company, which is owned by publicly-traded Gilead, specializes in treatments for people with cancer. In June 2014, Kite Pharma sold 8,625,000 shares of its common stock in their IPO at $17.00 per share, for gross proceeds of $146.6 million. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. (Add your “underperform” vote.). Its therapy involves modifying a patient's T cells outside the patient's body, or ex vivo, causing the T cells to express chimeric antigen receptors (CARs), or T cell receptors (TCRs), and then reinfusing the engineered T cells back into the patient. Receive a free world-class investing education from MarketBeat. This is a big success and probable cancer immunotherapy … The Company offers engineered autologous cell therapy, which is an approach to the treatment of cancer. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. [14], In August, Kite Pharma announced findings from its ongoing clinical trial: 12 of 13 evaluable patients with advanced B-cell malignancies had complete remissions (8 patients) or partial remissions (4 patients) resulting in a 92% objective response rate. Kite Pharma, Inc. (US:KITE) institutional ownership structure shows current positions in the company by institutions and funds, as well as latest changes in position size. Per the deal, Kite Pharma has obtained license agreements with IBA GmbH, Sanquin Blood Supply Foundation and the Netherlands Cancer Institute (NKI), which include the rights to select new intellectual property related to T-cell receptors (TCRs) developed at the NKI. Identify stocks that meet your criteria using seven unique stock screeners. MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. All rights reserved. Cellectis' IPO comes a few months after Juno raised $265 million in an IPO of its own, joining Bellicum Pharmaceuticals ($BLCM), which executed a $140 million debut, and Kite among publicly traded… The Company is developing a pipeline of eACT-based product candidates for the treatment of solid and hematological malignancies. Stock splits are used by Kite Pharma, Inc. to keep share prices within reasonable numbers to encourage investment. Kite Pharma, Inc., a clinical-stage biopharmaceutical company, focuses on the development and commercialization of novel cancer immunotherapy products. Wall Street analysts have given (KITE) a "N/A" rating, but there may be better short-term opportunities in the market. [52] The purchase was subsequently completed for the announced price on October 3, 2017. Juno Therapeutics boosted its IPO range at $21 to $23 per share today as the fast-growing Seattle biotech startup prepares to become a publicly-traded company.. Juno, … [9] It was approved for use in the United States under the brand name YESCARTA in October 2017. The company is engaged with the commercialization of Yescarta (Axicabtagene ciloleucel) in partnership with Kite Pharma (project name FKC876). The biopharmaceutical company earned $4.90 million during the quarter, compared to analysts' expectations of $5.74 million. Many of the biotechs developing these drugs are publicly traded, but their stocks are highly speculative because of the inherent risks associated with clinical studies and regulatory … See what signals are being triggered and find all the latest price data and stock quotes for the KITE stock. Agarwal:Bristol-Myers Squibb Company: Current Employment, Current equity holder in publicly-traded … (KITE) trades on the NASDAQ under the ticker symbol "KITE.". Pharmaceutical companies and other health-related stocks are on the front lines of the battle against the COVID-19 coronavirus. View (KITE)'s earnings history. [34], In August, Kite has filed the first CAR-T candidate in Europe, seeking approval of its axicabtagene ciloleucel (KTE-C19) for two types of non-Hodgkin's lymphoma (NHL). Sanofi – Therapeutics for hemoglobinopathies, focused on beta thalassemia and sickle cell disease (“SCD”). You may vote once every thirty days. Mukhopadhyay, Akankshita (10 January 2017). [36], In May 2013, Kite Pharma completed a $35 million financing of Series A preferred stock. Juno Therapeutics boosted its IPO range at $21 to $23 per share today as the fast-growing Seattle biotech startup prepares to become a publicly-traded company.. Juno, which filed to … Gilead (GILD) And Its Acquisition of Kite Pharma – Buyout Valued At $11.9 Billion. [8] In the same month, Kite Pharma and GE Global Research announced they will partner to develop a next-generation, functionally integrated and automated manufacturing system for engineered T-cell therapy. 04-22 biospace.com - Gilead Sciences, Kite Pharma, and oNKo-innate announced on Wednesday that they were entering a three-year cancer immunotherapy research collaboration. If the share price gets too low, companies can do reverse splits. [53][2], Following the sale of Kite to Gilead, Kite's founders and its CMO struck a deal in February 2018 with Pfizer to develop CAR-T therapeutics, leading to the creation of Allogene Therapeutics. [16][17], In May, Kite Pharma announced that the first patient in its Phase 1/2 clinical trial of KTE-C19 in patients with refractory aggressive Non-Hodgkin's Lymphoma has been treated. It is focused on the development and commercialization of cancer immunotherapy products. (Add your “outperform” vote. Come the late fall of 2020 or early 2021, a few of the region’s publicly-traded life science companies could produce a viable vaccine, which would certainly benefit the public good while also enhancing the value of the company or companies that develop and commercialize it. Kite Pharma On Wednesday, shares in Santa Monica, California headquartered Kite Pharma Inc. ended the session 0.74% lower at $45.68 with a total volume of 516,166 shares traded. Kite Pharma, Inc. is a clinical-stage biopharmaceutical company. Gilead's world headquarters is located at 333 Lakeside Drive, Foster City, CA, 94404. [46], In March 2015, Kite Pharma acquired T-Cell Factory (TCF), a privately held biotechnology company based in the Netherlands, for €20 million and renamed it – Kite Pharma EU. Strike one: the purchase of Kite Pharma and the deal with Galapagos. Kite and GE Global Research—GE’s centralized R&D hub—said they aim to increase the availability of engineered T-cell therapies by speeding up development of automation technologies that have the potential to lower costs, operate faster, and minimize variability. Our science. Learn how and when to remove this template message, "Allogene Therapeutics — The Juggernaut Built On Kite's Flight", "Gilead to buy Kite for promising cancer therapies in $12 billion deal", "Growth-hungry Gilead finally pivots from flagging hep C with $12B Kite buy", "Gilead Sciences Completes Acquisition of Kite Pharma, Inc", "Kite's Yescarta™ (Axicabtagene Ciloleucel) Becomes First CAR T Therapy Approved by the FDA for the Treatment of Adult Patients With Relapsed or Refractory Large B-Cell Lymphoma After Two or More Lines of Systemic Therapy", "Kite Pharma (KITE) Announces Initiation of KTE-C19 Phase 1/2", "Kite Pharma (KITE) Announces KTE-C19 for NHL Granted FDA Breakthrough Therapy Designation", "Kite Pharma Partners with the National Cancer Institute to Develop Novel Cellular Immunotherapy Clinical Products", "Kite Pharma's Lead Program with the National Cancer Institute (NCI) Demonstrates Positive Results in Patients with Aggressive Non-Hodgkin's Lymphoma", "Donor-derived allogeneic T cells may cause regression of B-cell malignancies", "Kite Pharma Announces FDA Orphan Drug Designation for Anti-CD19 T Cell Cancer Immunotherapy Product", "Kite Pharma Announces Exclusive License with The National Institutes of Health for T Cell Receptor (TCR)-Based Products Targeting NY-ESO-1 For Multiple Cancer Indications", "Biotech Stock Kite Pharma Explodes Higher After Good News About Its Non-Hodgkin Lymphoma Drug", "Amgen and Kite Pharma Announce Strategic Cancer Immunotherapy Collaboration to Advance the Application of Novel Chimeric Antigen Receptor (CAR) T Cell Therapies", "Kite Pharma Announces That the First Patient in Its Phase 1/2 Clinical Trial Has Been Treated With KTE-C19, Anti-CD19 Chimeric Antigen Receptor (CAR) T-Cell Therapy, for Refractory Aggressive Non-Hodgkin's Lymphoma (NHL) ", "Kite Pharma & Bluebird Bio To Co-develop T Cell Cell Therapy Products", "Kite Pharma (KITE), Leukemia & Lymphoma Society Enter Into Collaboration", "Kite Pharma Expands Collaboration With Netherlands Cancer Institute (NKI)", "Kite Pharma Announces Exclusive License with the National Institutes of Health for T Cell Receptor (TCR)-Based Products to Treat Tumors Expressing MAGE", "Kite to spend as much as $530 million on rights to AIS programs ", "Seattle’s Alpine Immune Sciences licenses cancer treatment to Kite Pharma for up to $530M", "Kite Pharma, GE Global Research Partner on T-Cell Therapy Manufacturing", "Kite Pharma (KITE), NCI Expand Clinical and Research Partnership", "Kite Pharma and Leiden University Medical Center Sign Research and License Agreement for T Cell Receptors Targeting HPV-Associated Cancers", "Kite Pharma Inc (NASDAQ:KITE) To Begin a Collaborative Study on KTE-C19", "Kite Pharma (KITE), Cell Design Labs Enter Research Collaboration for Next-Gen CAR Product Candidates", "Kite Pharma Expands Development of T-Cell Receptor (TCR) Therapies Targeting HPV-Associated Cancers in Partnership with the National Cancer Institute (NCI)", "Kite Pharma Licenses Enabling Technology for the Development of Off-the-Shelf Allogeneic T-Cell Therapies ", "Kite Pharma (KITE) Enters Strategic Partnership with Vitruvian Networks", "New gene therapy 'shrinks tumours like ice cubes, "Kite Wins ‘Clinical Trial Result of the Year’ for its Pivotal CAR-T Trial of Axicabtagene Ciloleucel in Patients with Aggressive Non-Hodgkin Lymphoma at the 2017 Clinical and Research Excellence Awards", "Kite files first CAR-T candidate in Europe", “Kite Pharma Raises $15 Million in Initial Round of Financing and Appoints David Bonderman to Board of Directors”, “Kite Pharma Completes $35 Million Series A Preferred Stock Financing”, "טיפול לסרטן שפותח ברחובות נמצא בדרך לנאסד"ק", "UPDATED: Billionaires back Kite Pharma in $20M raise for cancer immunotherapies", " Kite Pharma, Inc. Completes $50 Million Mezzanine Private Financing", "Immuno-oncology specialist Kite adds $50M in new financing", “Kite Pharma Files Registration Statement for Proposed Initial Public Offering”, “Kite Pharma Announces Pricing of Initial Public Offering”, "Kite Pharma Soars Above IPO Price on First Day of Trading", “Kite Pharma Announces Full Exercise of Underwriters' Option to Purchase Additional Shares”, "Kite Pharma Announces Pricing of Follow-On Offering", "Kite Pharma Acquires T-Cell Factory for $21M Up Front", "Kite Pharma (KITE) Acquires T-Cell Factory, Focus on Europe - Analyst Blog", "Kite Pharma Announces Pricing of Public Offering of Common Stock", "Kite Pharma partners with Japan's Daiichi for cancer therapy", "Kite, Fosun Pharma form JV in China for cancer treatment", https://en.wikipedia.org/w/index.php?title=Kite_Pharma&oldid=991696321, Biotechnology companies established in 2009, Pharmaceutical companies established in 2009, Health care companies based in California, Companies based in Santa Monica, California, Articles lacking reliable references from December 2019, Articles with dead external links from February 2020, Articles with permanently dead external links, Articles lacking reliable references from August 2018, Articles with a promotional tone from August 2018, Creative Commons Attribution-ShareAlike License, This page was last edited on 1 December 2020, at 10:35.
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