VOYAGER THERAPEUTICS, INC. (NASDAQ:VYGR)
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1 Mois : De Juin 2019 à Juil 2019
By Michael Dabaie
Voyager Therapeutics Inc. (VYGR) said it restructured its gene therapy relationship with Sanofi Genzyme.
Voyager said it is gaining worldwide rights to the VY-HTT01 Huntington's disease program and ex-U.S. rights to the VY-FXN01 Friedreich's ataxia program. Voyager is, in turn, transferring the ex-U.S. rights to VY-FXN01 to Neurocrine Biosciences (NBIX) under the terms of a collaboration agreement.
Sanofi Genzyme is obtaining exclusive option rights to select novel AAV capsids owned or controlled by Voyager for exclusive use for up to two non-central nervous system indications, Voyager said.
Voyager agreed to make a $10 million upfront payment to Sanofi Genzyme, which is partially offset by a $5 million payment from Neurocrine Biosciences to Voyager. An additional $10 million milestone payment is due to Sanofi Genzyme from Voyager upon filing of an investigational new drug application for VY-HTT01.
To focus its resources on the now wholly owned Huntington's disease program, Voyager said it would seek a partner to advance its preclinical program for SOD1 amyotrophic lateral sclerosis. Voyager said it no longer expects to file an IND application for its VY-SOD102 in 2019.
Voyager shares were down 3% to $23.41 premarket.
Write to Michael Dabaie at email@example.com
(END) Dow Jones Newswires
June 17, 2019 08:34 ET (12:34 GMT)
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