Genespire Glides Into Gene Therapy Space

Sofinnova Partners Invests In Italian Biotech

30 Apr 2020

• By John Davis

Milan, Italy is a hotspot in Europe for gene therapy research, and the European VC Sofinnova Partners is backing the latest start-up aimed at metabolic and primary immunodeficiencies.

The Galleria in Milan • Source: Shutterstock

Italy’s newly minted biotech Genespire has just raised €16m in a Series A financing and is moving forward with research into treating primary immunodeficiencies and inherited metabolic diseases, as it aims to carve out a place for itself in the highly competitive gene therapy space.

Milan-based Genespire is the third biotech based in the country to receive funding in the past six months from the Sofinnova Telethon Fund, set up by the European life sciences VC firm Sofinnova

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