Vision Executives International Eye Care Recruitment
  • Home
  • About
  • Recruitment Services
  • Candidate Services
  • Vacancies
  • Eye Care News
  • Contact

Eye Care News

DEVELOPMENTS IN GENE THERAPY

29/12/2021

0 Comments

 
Novartis have acquired Gyroscope Therapeutics, who are making investigational gene therapy for geographic atrophy.

Geographic atrophy is a form of advanced dry age-related macular degeneration and globally effects more than 5 million people.

Novartis are paying $800 million upfront and potential additional payments of up to $700 million. Until this deal is closed, the companies will continue to operate independently.

Gyroscope Therapeutics one-time investigational gene therapy, GT005, aims to restore balance to an overactive complement system by increasing production of the CFI protein. This protein regulates the activity of the complement system, the increasing production could reduce inflammation with the hopes of preserving eyesight.

The safety and efficacy of GT005 is currently under evaluation in a phase 1/2 clinical trial and phase 2 clinical trials. It has received fast track designation by the FDA.
​
“This acquisition is one more step forward in our commitment to delivering innovation in ophthalmology to treat and prevent blindness worldwide.” Marie-France Tschudin, President of Novartis Pharmaceuticals.

Ref: Novartis Acquires Gyroscope Therapeutics, Maker of Investigational Gene Therapy for Geographic Atrophy - Eyewire+

0 Comments



Leave a Reply.

    Author

    James Pickering is our Managing Director and an eye care recruitment expert who has developed an extensive client base and candidate network. He regularly writes articles about industry developments and has received numerous recommendations from industry leaders. You can also connect with James on LinkedIn to stay up to date on the latest eye care news.

    Archives

    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021

    Categories

    All
    Eye Care News

    RSS Feed

Picture

Location

Contact Us

Vision Executives Ltd
16 Market Place
Dewsbury
WF13 1AE
​United Kingdom

+44 (0) 1134900340
info@visionexecutives.com

Site Map

​Home
​
About
​Recruitment Services
​Candidate Services
Vacancies
Eye Care News
Contact
Vision Executives Ltd is a company registered in England & Wales. Company Number 13319387.
​Copyright © 2021 Vision Executives Ltd.
Click here to see our privacy policy.
  • Home
  • About
  • Recruitment Services
  • Candidate Services
  • Vacancies
  • Eye Care News
  • Contact