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Business
Dimension Links With Bayer For Hemophilia
by Michael McCoy
June 30, 2014
| A version of this story appeared in
Volume 92, Issue 26
Dimension Therapeutics will work with Bayer HealthCare to develop a gene therapy for the treatment of hemophilia A based on Dimension’s adeno-associated virus technology. Dimension says its technology delivers the clotting factor gene, resulting in long-lasting expression of blood-clotting protein. Dimension, based in Cambridge, Mass., will receive $20 million up front from Bayer and could get milestone payments of up to $232 million. Separately, Dimension closed a financing round in which it raised $30 million.
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