** Shares of drug developer Sensei Biotherapeutics Inc SNSE.O rise 13.7% to $1.99 before
the bell
** U.S. Food and Drug Administration has cleared application to conduct an early-stage study
for SNSE's cancer therapy candidate SNS-101 - co
** SNS-101 is an antibody which is designed to target the function VISTA protein, which acts
to reduce the function of immune cells in the body
** SNSE plans to test safety and efficacy of SNS-101 as a monotherapy and in combination
with Regeneron's REGN.O 's already-approved cancer drug Libtayo in patients with solid tumors
** Co expects to dose the first patient in mid-2023
** As of last close, SNSE up ~17% so far this year
(Reporting by Bhanvi Satija in Bengaluru)
((Bhanvi.Satija@thomsonreuters.com; Outside U.S. +91 9873062788;))