STAT August 2, 2024
Elaine Chen

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Good morning and happy Friday. We discuss a new innovative immunotherapy, and we take a look at some of the earnings highlights yesterday.

FDA approves immunotherapy for soft-tissue cancer

The Food and Drug Administration has approved a T cell immunotherapy from Adaptimmune Therapeutics for a rare cancer that arises in the body’s soft tissues, extending the power of immunotherapies to difficult-to-reach sarcomas.

The medicine, called Tecelra, is what’s known as a T cell receptor therapy. The approach has similarities to the CAR-T treatments that have dramatically improved the care of some blood cancers, but it has tricks...

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