LogicBio Signs an Option Agreement with Canbridge to Develop Gene Editing Therapies

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Shots:

  • LogicBio to receive $10M up front with ~$581M as option payment and milestones along with royalties. Canbridge to get an exclusive option to license LB-001 in Greater China and two additional undisclosed gene therapy programs.
  • The agreement also grants CANbridge a WW license for AAV sL65 which is the first capsid produced from LogicBio’s sAAVy platform, and development support on gene therapy candidates for Fabry and Pompe disease + two optional indications
  • Canbridge will responsible for the development, regulatory, commercial, and manufacturing activities in the licensed territory upon exercise of an option

Click here to­ read full press release/ article | Ref: PRNewswire | Image: LogicBio

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