Ferring And Blackstone Launch Gene Therapy Company

Set Up To Market Nadofaragene Firadenovec For Bladder Cancer

The Swiss group has decided to launch FerGene with the private equity giant to give the gene therapy nadofaragene firadenovec, which has a priority review at the FDA, a better chance for a successful launch in the US.

Gene Therapy
Ferring unveils new gene therapy company • Source: Shutterstock

Ferring Pharmaceuticals AS has teamed up with private equity group Blackstone Life Sciences to create FerGene, a new company backed with over $570m to advance its investigational bladder cancer gene therapy nadofaragene firadenovec to the US market.

Blackstone is putting in $400m and Ferring will invest up to $170m in FerGene to advance nadofaragene firadenovec, which is in late-stage development for patients with high-grade, Bacillus Calmette-Guérin (BCG) unresponsive, non-muscle invasive bladder cancer (NMIBC)

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