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Gyroscope Merger Creates Gene Therapy Biotech For Eye Disorders

 
• By John Davis

A new UK/US biotech tie-up makes a company with the technology to deliver its gene therapies.

Gyroscope
• Source: Shutterstock

The wider adoption of gene therapies for more prevalent diseases may well depend on the development of more convenient administration technology, and two emerging biotechs, the UK’s Gyroscope Therapeutics and the US’s Orbit Biomedical Ltd., have merged to form a retinal gene therapy company which combines Gyroscope’s clinical-stage gene therapy pipeline and Orbit’s retinal drug delivery technology.

The new privately held company, which retains the Gyroscope Therapeutics name, will be led by newly appointed CEO, Khurem Farooq,...

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