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.
The company signaled six months ago that it would no longer make Glybera (alipogene tiparvovec) when it revealed plans to consolidate its manufacturing capabilities in the US – at a site in Lexington, Mass. that is not licensed to manufacture the product for Europe – as part of a broader effort to cut costs and keep its resources focused on the three key gene therapy development programs
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