Lilly Takes Another Leap Into Gene Therapy With Jaguar

Co-leads $139m Fundraising

Following last year's licensing deal with Precision Biosciences and the acquisition of Prevail Therapeutics, Eli Lilly is expanding its gene therapy efforts by backing Jaguar, a start-up staffed by former AveXis bosses.

Jaguar
Jaguar eyes opportunities in gene therapy field • Source: Alamy

Eli Lilly and Company has made another move in bolstering its presence in genetic diseases by driving a $139m series B financing for Jaguar Gene Therapy and its pipeline that includes potential one-time treatments for type 1 diabetes and autism.

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