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A Tale Of Two Gene Therapy Biotechs: Freeline Divests As Kriya Invests

 
• By Ayisha Sharma

Freeline Therapeutics and Kriya are taking divergent paths to success amid market doldrums, as the former divests and pulls back on investment, while the latter bulks up its pipeline through an acquisition.  

Road splitting off into two
Freeline And Kriya Are Taking Different Paths • Source: Shutterstock

Two gene therapy biotech firms are taking different approaches against a background of challenging markets as Freeline Therapeutics Holdings PLC divests a manufacturing-focused subsidiary to lengthen its cash runway while Kriya Therapeutics, Inc. expands into the neurology space with its acquisition of Redpin Therapeutics, Inc..

First up, Freeline is divesting its German subsidiary in a bid to streamline operations as it focuses on advancing its programs in Gaucher's and Fabry's

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