Fate Therapeutics, Inc. intends to provide a corporate update on its product candidates including FT516, a universal, off-the-shelf natural killer (NK) cell cancer immunotherapy that is derived from a clonal master induced pluripotent stem cell (iPSC) line engineered to uniformly express a high-affinity, non-cleavable CD16 Fc receptor. During the last thirty days, the Company submitted an Investigational New Drug (IND) application to the U.S. Food and Drug Administration (FDA) to initiate a first-in-human clinical trial of FT516.