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Still Looking For A Gene Therapy Hit, Syncona Backs Purespring In IgA Nephropathy Market

 
• By Andrew McConaghie

Purespring has just raised $105m from an investor syndicate who are betting it can develop the first gene therapy for kidney disease and learn from setbacks experienced in the space.

Kidneys
• Source: Shutterstock

Purespring Therapeutics, a gene therapy company focused on transforming kidney disease treatment, has raised £80m ($105m) in a series B financing and selected a burgeoning blockbuster field - IgA nephropathy (IgAN) – as its first target.

Established three years ago with the backing of biotech builder Syncona, the firm’s research is based on the work of Moin Saleem, a professor of pediatric renal medicine at the University of Bristol

Key Takeaways

  • The syndicate’s $105m series B fundraising is a vote of confidence in Purespring’s potential first-in-class gene therapy

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