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Exciting Developments Send Sana Biotechnology (SANA) Shares Skyward Exciting Developments Send Sana Biotechnology (SANA) Shares Skyward

Dramatic Progress at Sana Biotechnology, Inc.: The U.S. Food and Drug Administration (FDA) has given the green light to Sana Biotechnology (NASDAQ:SANA) to initiate a study of SC262 — a beacon of hope for patients battling relapsed or refractory B-cell malignancies, particularly those who have undergone prior CD19-directed CAR T therapy.

Doug Williams, the President of Research and Development at Sana, underscored the significance of this milestone, emphasizing the pressing need to address patients who have endured unsuccessful CD19-directed CAR T therapy and highlighting the burgeoning populace in need of such interventions.

Moreover, Sana’s plans extend beyond SC262; the company recently announced another ground-breaking maneuver with the FDA’s clearance of the Investigational New Drug Application for SC291 — a Hypoimmune-modified, CD19-directed allogeneic CAR T therapy, targeting patients grappling with lupus nephritis, extrarenal lupus, and ANCA-associated vasculitis.

In a fervent display of momentum, Sana Biotechnology is gearing up to showcase data from several studies throughout the year, including the eagerly anticipated initial proof of concept data for SC262.

Market Response: SANA shares have soared by 2.24% to $5.01, an electrifying surge in the stock’s value.

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