Memorandum of Understanding (MOU) signed for strategic collaboration in viral vector manufacturing

(From left to right in the photo) Gunsoo Kim, CEO of Curocell, and Patrick Liu, CEO of Genscript Probio / Photo by Curocell
(From left to right in the photo) Gunsoo Kim, CEO of Curocell, and Patrick Liu, CEO of Genscript Probio / Photo by Curocell

On September 10th, CAR-T therapy expert Curocell, led by CEO Gunsoo Kim, announced the formalization of a strategic partnership through the signing of a Memorandum of Understanding (MOU) with Genscript Probio, headed by CEO Patrick Liu. The collaboration aims to advance the development of next-generation CAR-T therapies, with a specific focus on the manufacturing of viral vectors.

Under this agreement, both entities will engage in a comprehensive strategic collaboration encompassing the research, development, and clinical trials of CAR-T therapies. Viral vectors, integral to CAR-T therapies, serve as virus-based delivery systems for transferring genetic material into cells. The surge in demand for viral vectors aligns with the expanding gene therapy and CAR-T therapy markets.

Patrick Liu, CEO of Genscript Probio, expressed enthusiasm about the MOU, emphasizing the pleasure of partnering with Curocell, a leading CAR-T therapy company in Korea, for the manufacturing and supply of viral vectors. He stated, "I am delighted to establish a close collaborative relationship with Curocell for the production and supply of viral vectors, contributing not only to the Korean market but also to the global advancement of CAR-T therapies. Through this partnership, we will continue working closely with Curocell to facilitate the expansion of CAR-T therapies both domestically and internationally."

Gunsoo Kim, CEO of Curocell, highlighted the collaboration's significance, stating, "Through this agreement, we have forged a robust collaborative foundation spanning the developmental stages to the commercialization of CAR-T therapies." He added, "Curocell aims to emerge as a global leader in anti-cancer immunotherapy through our partnership with Genscript Probio, a globally recognized company in the gene therapy field."

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