Gene Therapy Firm Freeline Successfully Tops Up Series C

CEO Says $120m Financing Will Advance Key Clinical Programs

An expanded $120m series C financing will help Freeline advance its lead program in hemophilia B into a pivotal trial next year, CEO Theresa Heggie tells Scrip.

DNA
Freeline is developing curative gene therapies for chronic systemic disease. • Source: Shutterstock

Freeline Therapeutics Ltd. has topped up an original series C financing with a further $80m from specialist global institutional investors for a total of $120m. This will give the gene therapy specialist an extended financial runway for advancing its lead program in hemophilia B into a pivotal trial next year and its Phase I/II clinical program for Fabry disease as well as progressing its pipeline for Gaucher disease and hemophilia A, the UK-based group’s CEO told Scrip.

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