CSL (ASX:CSL) acquires a gene therapy candidate - Sequoia Direct

25JunJune 25, 2020

CSL (ASX:CSL) acquires a gene therapy candidate

[videojs_hls url=’//du7x25at22z7c.cloudfront.net/276207/index_HLSv3.m3u8′ poster=’http://www.finnewsnetwork.com.au/newssystem/Headlines02_360_200625.jpg’]

CSL (ASX:CSL) has agreed to acquire from uniQure exclusive global license rights to commercialise an adeno-associated virus gene therapy program, for the treatment of haemophilia B.

The AMT-061 program, currently in Phase 3 clinical trials, could be one of the first gene therapies to provide potentially long-term benefits to patients with haemophilia B.

The agreement with uniQure will see it receive a $US450 million upfront payment from CSL, followed by regulatory and commercial sales milestone payments and royalties.

Shares in CSL (ASX:CSL) are trading 0.4 per cent higher at $293.55.

Copyright 2020 – Finance News Network

Source: Finance News Network

Related Posts

15JunJune 15, 2022

Stocks of the Hour: NeuroScientific Biopharmaceuticals, Lithium Plus Minerals & Bluglass

15 Jun 2022 - A snapshot of the stocks on the move featuring NeuroScientific Biopharmaceuticals (ASX:NSB), Lithium Plus Minerals (ASX:LPM) & Bluglass (ASX:BLG).

08SepSeptember 8, 2020

Sydney Airport (ASX:SYD) raises approximately $2.0b

08 Sep 2020 - Sydney Airport (ASX:SYD) has completed a retail shortfall bookbuild to strengthen its “financial resilience” in “challenging” pandemic circumstances.

11NovNovember 11, 2019

Clean Teq (ASX:CLQ) completes waste water plant in Oman

11 Nov 2019 - Clean Teq (ASX:CLQ) has handed over the Continuous Ionic Filteration waste water treatment plant in the Oman.

14OctOctober 14, 2019

Santos (ASX:STO) aquires ConocoPhillips’ northern Australia assets

14 Oct 2019 - Santos (ASX:STO) is set to acquire ConocoPhillips’ northern Australian assets which includes the Darwin liquefied natural gas (LNG) plant and the Barossa gas venture off the coast for US$1.39 billion.

23MarMarch 23, 2020

Select Harvests (ASX:SHV) says almond harvest to continue

23 Mar 2020 - Paul Thompson, Managing Director of almond business Select Harvests (ASX:SHV), has confirmed all Select Harvests’ facilities and almond harvest will continue to operate.

18FebFebruary 18, 2021

Santos (ASX:STO) reports 60% fall in NPAT for full year 2020

18 Feb 2021 - Gas supplier Santos (ASX:STO) reports underlying net profit after tax fell 60% to US$287 million for their full year 2020, down US$432 million than 2019.

09MarMarch 9, 2020

Yancoal Australia (ASX:YAL) welcome new CEO

09 Mar 2020 - The board of directors of Yancoal Australia (ASX:YAL) are pleased to announce the appointment of David James Moult as Yancoal’s new Chief Executive Officer (CEO) effective 9 March 2020.

08AprApril 8, 2020

Cochlear (ASX:COH) sees FDA approval for Remote Check

08 Apr 2020 - Implantable hearing solutions company Cochlear (ASX:COH) has obtained US Food and Drug Administration (FDA) approval for its Remote Check solution.

24JanJanuary 24, 2020

Wesfarmers (ASX:WES) defer investment decision on Mt Holland lithium project

24 Jan 2020 - Wesfarmers (ASX:WES) says they have completed a definitive feasibility study (DFS) on the Mt Holland lithium project but a final investment decision has been deferred.

30SepSeptember 30, 2021

Stocks of the Hour: APA, Crown Resorts, Woolworths & Smartgroup

29 Sep 2021 - A snapshot of the stocks on the move, featuring APA Group (ASX:APA), Crown Resorts (ASX:CWN), Woolworths (ASX:WOW), Smartgroup (ASX:SIQ).