May 6, 2021 8:15am
Cellares has now received a total of $100 million in funding to develop its cell therapy "factory-in-a-box." (Cellares Corporation)
As cell therapies take the cancer world by storm, drugmakers are on the prowl for the latest and greatest ways to produce the complex medicines. Life sciences technology firm Cellares thinks the answer could fit in a box—a factory-in-a-box, to be precise—and the company just raised $82 million to take that work to the next level.
Armed with a fresh series B, Cellares now has $100 million in total funding to develop the Cell Shuttle—a modular, end-to-end cell therapy factory that leverages automation to take in patients' cells, re-engineer them and quickly turn out a finished product ready for infusion.