CSL (ASX:CSL) acquires a gene therapy candidate

25/06/2020 10:50:00

This video is not supported on your device. Click here for the original version.

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.