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Orchard To Use Divested GSK Rare Disease Gene Therapies To Grow Globally

 
• By Sten Stovall

Orchard Therapeutics will acquire GSK’s portfolio of approved and investigational rare disease gene therapies, including EU-approved Strimvelis and additional late-stage gene therapies.

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GSK Taking 19.9% Stake In Orchard As Part Of Transfer Deal • Source: Shutterstock

Orchard Therapeutics says it will benefit hugely from GlaxoSmithKline PLC's decision to sell its rare disease portfolio to the three-year old UK biotech, and that its gene therapy programs will remain unencumbered by the 19.9% equity stake and board position that GSK will receive in return.

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