UK's Nightstar NASDAQ Listing Backs British Biotech Build-Up Strategy

The UK developer of gene therapies for inherited eye diseases has listed on NASDAQ, adding to its monetary resources for competing in what is becoming a competitive sector for drug development, and going some way to validating the approach of the UK healthcare investment firm, Syncona, to growing biotech companies.

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Nightstar Therapeutics Ltd. has become the first life sciences company founded by UK healthcare investment company Syncona to be publicly listed, a milestone that gives some reassurance that Syncona's strategy of founding and supporting companies long-term is working for investors, and patients.

The London-based group was set up in 2013 by Syncona and Robert MacLaren, professor of ophthalmology at the University of...

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