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FATE - Fate Therapeutics: Looking For A Potential Turnaround In 2024
Fate Therapeutics Inc.
2024-04-29 12:09:51 ET
Summary
Fate Therapeutics has faced setbacks, including the termination of a partnership with Janssen Pharmaceuticals, but upcoming clinical milestones could reset the bull thesis.
The company's iPSCs technology creates renewable off-the-shelf cell therapies for hematological malignancies and solid tumors.
Fate Therapeutics has a healthy cash position and is expected to report positive data from clinical trials, potentially leading to exponential growth and significant market share.