On April 12, 2024 Adaptimmune Therapeutics plc (Nasdaq: ADAP), a company redefining the treatment of solid tumor cancers with cell therapy, reported that its strategic collaboration with Genentech entered in 2021, has been terminated (Press release, Adaptimmune, APR 12, 2024, View Source [SID1234642034]).

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Adrian Rawcliffe, Adaptimmune’s Chief Executive Officer: "We’ve had a very valuable collaboration with our partner Genentech, and we continue to believe in the long-term potential of our iPSC-based allogeneic platform. Over the past 12 months, we’ve been resolutely focused on our late-stage autologous pipeline – in particular, our sarcoma franchise. We have the resources to deliver afami-cel to market as planned, and I look forward to updating on progress at our Investor Day next week."