Seattle-based biotech Juno Therapeutics’ stock is halted after the news that its lead drug led to two deaths last week.
Juno, which has been developing a treatment that uses genetically engineered cells to go after a form of adult leukemia, said Thursday that the phase 2 trial had been put on clinical hold by the FDA.
The type of treatment is known as CAR-T, or chimeric antigen receptor T cells. This kind of treatment, in Juno’s case, uses a patient’s own T-cells, a type of blood cell that’s involved our immune system response.
This story is developing…
NOW WATCH: Money & Markets videos
Business Insider Emails & Alerts
Site highlights each day to your inbox.