Bayer AG is putting more heft behind its cell and gene therapy R&D portfolio by paying $40m upfront to Mammoth Biosciences to use its in vivo CRISPR-based gene-editing technology to develop therapies for five undisclosed indications, with an initial focus on liver-targeted diseases.
Bayer Consolidates Next-Generation Gene Editing Focus With Mammoth Deal
Pays $40m
The German major will collaborate with the US biotech to develop CRISPR gene-editing therapies, solidifying its interest in next-generation therapeutics.
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