Shares of Juno Therapeutics Inc JUNO have performed well since the company got listed on December 19, up more than 50 percent. Hans Bishop, Juno Therapeutics co-founder and CEO, was on CNBC to discuss what differentiates Juno from other companies competing in the immunotherapy space and what promising data exists for new immunotherapy approaches.
“The technology has shown that we have really solved a little bit of the puzzle about how we re-engineer patients’ immune system to recognize cancer and fight cancer. So, the premise ultimately is not just better outcomes, but maybe even avoiding some of the long-term toxicity of the current treatments,” Bishop said.
Populated Sector: How Is Juno Unique?
“Well first of all, I think, it’s a good thing,” Bishop replied.
He continued, “This technology, while it’s incredibly promising, the data in Leukemia, for example, are really, really very significant. All that said, it’s very early, and so we believe competitive advantage comes from really understanding the biology and really figuring out how this technology can be applied.”
When Are Results Expected?
“We will have trials in the clinic this year in solid tumors. So, we'll have a trial in Europe […] and we also have trial in ovarian cancer. Se, we are starting to get first read outs.”
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