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On August 23, 2021, Genevant Sciences and Takeda announced that they have reached a global cooperation and licensing agreement to use Genevant’s proprietary lipid nanoparticle (LNP) technology platform to develop new non-viral vector gene therapy and treatment Rare liver disease
.
This is the second collaboration between Genevant and Takeda.
Under the terms of the agreement, Genevant will be eligible to receive up to US$303 million in advance and potential milestone payments, and royalties for future product sales
.
Takeda will have the exclusive rights to use Genevant's LNP technology platform to develop and commercialize designated non-viral vector gene therapies to treat rare liver diseases for which information has not yet been disclosed
Genevant's LNP technology platform has been studied in more than ten product candidates, and its safety and effectiveness have been evaluated in multiple clinical projects with more than 600 subjects
.
The company's LNP technology was used to deliver the approved RNAi therapy patisiran
Reference materials:
Reference materials:[1] Genevant Sciences Announces Global Collaboration and License Agreement with Takeda to Develop Novel Nonviral Gene Therapies for Up to Two Rare Liver Diseases.
[1] Genevant Sciences Announces Global Collaboration and License Agreement with Takeda to Develop Novel Nonviral Gene Therapies for Up to Two Rare Liver Diseases.
August 23 2021.
from https:// Genevant-Sciences-Announces-Global-Collaboration-and-License-Agreement-with-Takeda-to-Develop-Novel-Nonviral-Gene-Therapies-for-Up-to-Two-Rare-Liver-Diseases