Keeping with the trend of combining companies to help financially constrained biotechs stay afloat, investment major Syncona has again come to the rescue of Freeline Therapeutics Holdings PLC and merged the firm with fellow gene therapy specialist SwanBio Therapeutics.
The combination of the two biotechs, both founded by Syncona, has been rebranded as Spur Therapeutics, with its backer providing an additional £40m ($50m) to support the new entity's gene therapy pipeline
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