Kevin Kuo's questions to Lineage Cell Therapeutics Inc (LCTX) leadership • Q2 2024
Question
Kevin Kuo of B. Riley Securities inquired about the new services agreement with Roche, asking for more detail on how it enhances the partnership and for any updates on the support for commercial manufacturing scale-up.
Answer
CEO Brian Culley explained that while confidentiality limits specifics, the timing of the agreement after Roche's pipeline review is a positive indicator. He highlighted that the agreement includes a five-year follow-up extension for Phase I/IIa patients, suggesting partner enthusiasm. Culley confirmed Lineage is compensated for these services and that the technology transfer for manufacturing to Roche/Genentech is a complex, ongoing process, reinforcing Lineage's expertise as a barrier to entry.