Juno Therapeutics (JUNO) Tops Q1 EPS by 4c

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Juno Therapeutics (JUNO) Deal Keeps It at the Cutting Edge of CAR Technology, Leerink Partners Says

May 12, 2015 7:57 AM EDT

Leerink Partners Howard Liang reiterated an Outperform rating and $74 price target on Juno Therapeutics (NASDAQ: JUNO) following Q1 earnings and a deal to acquire Stage Cell Therapeutics GmbH. The deal, according to the analyst, keeps JUNO on the cutting edge of CAR Technology.

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Juno Therapeutics (JUNO) to Acquire German-Based Stage Cell Therapeutics for ~$59M

May 11, 2015 4:08 PM EDT

Juno Therapeutics (NASDAQ: JUNO) acquired Stage Cell Therapeutics GmbH, a privately held biotechnology company based in Munich and Göttingen, Germany. The transaction furthers Juno's strategy of being a world leader in process development and the manufacturing of cellular therapies. The acquisition provides Juno access to transformative cell selection and activation capabilities, next generation manufacturing automation technologies, enhanced control of its supply chain, and lower expected long-term cost of goods. Juno plans to operate the acquired company,... More