Astellas Pharma and Sangamo Therapeutics have partnered to develop genomic medicines for neurological diseases. The deal grants Astellas global rights to use Sangamo’s neurotropic adeno-associated virus capsid, STAC-BBB, which can penetrate the blood-brain barrier. This technology aims to enable the development of new treatments for neurological diseases. Under the agreement, Astellas will pay Sangamo $20 million upfront and up to $1.3 billion in milestones for the option to develop STAC-BBB for five targets. Sangamo will also receive tiered royalties on sales of any marketed products. This partnership has the potential to lead to new treatment options for neurological diseases.
Astellas teams up with Sangamo to pioneer next-generation gene therapy solutions.
by newsworm | Dec 21, 2024 | Pharma | 0 comments