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Cue Biopharma announced a reboot Thursday afternoon, bringing in notable biotech executive Shao-Lee Lin as well as a new allergy asset developed in Taiwan and mainland China.
The Boston-based biotech has focused on developing T cell modulators that could be used in both cancer and autoimmune disease, but it will now be jumping into a burgeoning allergy drug development field with an antibody that uses the same mechanism as the asthma medicine Xolair.
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