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Business
Biogen Buys Into Eye Therapies
by Lisa M. Jarvis
July 13, 2015
| A version of this story appeared in
Volume 93, Issue 28
Biogen is teaming with the Gainesville, Fla.-based gene therapy firm AGTC to develop drugs for ophthalmic diseases. Biogen will pay AGTC $124 million up front in exchange for worldwide rights to two drug candidates, a gene therapy for X-linked retinoschisis currently in clinical studies and a preclinical therapy for X-linked retinitis pigmentosa. Biogen also gets an option to license earlier-stage candidates for three other diseases.
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