With Precedents In Place, GenSight Eyes Gene Therapies For Orphan Disorders

The Paris-based start-up has raised €32 million from venture investors to address two orphan eye disorders, taking advantage of new research and manufacturing techniques in gene therapy.

Once considered an especially risky area of investment, the field of gene therapy increasingly is seen now as an attractive target for venture firms. The newest company to receive investors’ blessing is GenSight Biologics, a Paris-based startup that’s landed €32 million ($41.4 million) in Series A funding to study a pair of therapies for orphan ophthalmological disorders.

GenSight said April 8 that it had attracted capital from four firms: Novartis Venture Fund, Abingworth, Versant Ventures and Index Ventures

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