UniQure NV surrendered to the ultra-small market dynamics for Glybera, announcing on April 20 that it will not try to renew the pioneering treatment's marketing authorization in the EU, but CEO Matt Kapusta still sees a market for gene therapies as new data for novel product candidates emerge.
White Flag Raised: UniQure Gives Up On Glybera, But Not Gene Therapies
UniQure will not seek marketing authorization renewal for Glybera in the EU before it expires in October, but the company does not see the product's commercial failure as a sign that the market won't accept gene therapies or their high price tags.
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