Natco Pharma invests around US$ 2 million in Cellogen Therapeutics
Hyderabad: Cellogen Therapeutics Private Limited, a Delhi based biotech startup promoted by Dr Gaurav Kharya, Director, Centre for Bone Marrow Transplant & Cellular Therapy, Indraprastha Apollo Hospital, Delhi has raised around US$ 2 million from NATCO Pharma Limited.
"Cellogen is primarily involved in two R&D programs involving cell and gene therapy solutions. Chimeric Antigen Receptor T (CAR T) cell therapy program is at an advanced stage for Cellogen Therapeutics where the T cells of the patients are genetically engineered to identify and kill the cancer cells. Cellogen Therapeutics has developed bi-specific CARs and also added another costimulatory domain to increase the efficacy and persistence of the CAR in human body as compared to currently available CAR constructs that are mono-specific with one co-stimulatory domain. Both these innovations are aimed at reducing the risk of relapse post CAR T cell therapy which remains a major challenge with existing CAR constructs. Current available products in market cost around US$ 500,000 – 700,000 which Cellogen aims to bring down to US$ 60,000 – 70,000," the release stated.
Another program on which Cellogen Therapeutics is working is gene therapy program for transfusion dependent thalassemia and sickle cell disease. It is noteworthy that these two diseases form the largest burden of red cell disorders across the globe. As per rough estimates, 40,000 kids are born each year with these disorders in India (10,000 with thalassemia and 30,000 with sickle cell disease).
Disclaimer: This website is primarily for healthcare professionals. The content here does not replace medical advice and should not be used as medical, diagnostic, endorsement, treatment, or prescription advice. Medical science evolves rapidly, and we strive to keep our information current. If you find any discrepancies, please contact us at corrections@medicaldialogues.in. Read our Correction Policy here. Nothing here should be used as a substitute for medical advice, diagnosis, or treatment. We do not endorse any healthcare advice that contradicts a physician's guidance. Use of this site is subject to our Terms of Use, Privacy Policy, and Advertisement Policy. For more details, read our Full Disclaimer here.
NOTE: Join us in combating medical misinformation. If you encounter a questionable health, medical, or medical education claim, email us at factcheck@medicaldialogues.in for evaluation.