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Purespring Positive About Prospects Despite Burst Biotech Bubble

UK Gene Therapy Moving Quickly Towards Clinic

 
• By Kevin Grogan

Some investors are shying away from early-stage gene therapy companies, but Richard Francis, CEO of kidney disease specialist Purespring, told Scrip that the pharmaceutical industry's appetite for the field has not waned and the best-equipped companies will flourish.

Richard Francis
Richard Francis • Source: Purespring

While the gene therapy field has suffered a series of setbacks of late, with a number of trials being paused due to safety concerns and investors being spooked, the fundamentals of the sector remain in good shape.

That is the view of Richard Francis, ex-head of Sandoz who took over as CEO of the UK's Purespring Therapeutics...

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