Spark signs gene therapy licensing deal valued at up to $328.5M

Philadelphia gene therapy pioneer Spark Therapeutics signed a collaboration and licensing agreement Tuesday that gives its exclusive rights to further develop and commercialize a Swedish company's experimental focal epilepsy treatment. Under the terms of agreement, Spark, of division of Roche, will pay CombiGene up to $328.5 million plus royalties for the rights to its CG01 gene therapy project. The deal includes $8.5 million upfront and $50 million when certain preclinical and clinical milestones…
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