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Gyroscope Spins Forward With Dry AMD Gene Therapy

Closes $148m Financing

 
• By Kevin Grogan

Fresh cash will help advance the UK firm's one-time investigational gene therapy for geographic atrophy and a listing in the US is in the offing.

gyroscope
Gyroscope's GA Gene therapy Gliding Through Clinic • Source: Shutterstock

Having just raised $148m to advance its mid-stage gene therapy for eye diseases, the UK's Gyroscope Therapeutics Limited has declared its intentions to seek a listing on the US NASDAQ.

The London-headquartered company has completed the sizeable series C financing led by Forbion and investors including Sofinnova, Tetragon, Fosun Pharma, Cambridge Innovation Capital and an undisclosed healthcare focused fund

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