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

 
• By John Davis

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.

US dollars

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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