CSL (ASX:CSL) acquires a gene therapy candidate

25Jun

CSL (ASX:CSL) acquires a gene therapy candidate

 

CSL (ASX:CSL) has agreed to acquire from uniQure exclusive global license rights to commercialise an adeno-associated virus gene therapy program, for the treatment of haemophilia B.

The AMT-061 program, currently in Phase 3 clinical trials, could be one of the first gene therapies to provide potentially long-term benefits to patients with haemophilia B.

The agreement with uniQure will see it receive a $US450 million upfront payment from CSL, followed by regulatory and commercial sales milestone payments and royalties.

Shares in CSL (ASX:CSL) are trading 0.4 per cent higher at $293.55.
 
Copyright 2020 – Finance News Network


Source: Finance News Network

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