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Astellas signs exclusive deal with AviadoBio for FTD-GRN gene therapy, investing $20m and offering up to $2.18bn in potential fees and royalties.
Astellas Pharma has signed an exclusive option and license agreement with AviadoBio for AVB-101, a gene therapy targeting frontotemporal dementia with progranulin mutations (FTD-GRN), currently in Phase 1/2 trials.
Astellas will invest $20 million and pay up to $30 million initially for licensing rights.
If exercised, the deal could yield AviadoBio up to $2.18 billion in fees and royalties, enhancing Astellas' gene therapy portfolio for neurodegenerative diseases.
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Astellas firma un acuerdo exclusivo con AviadoBio para la terapia genética FTD-GRN, invirtiendo $20 millones y ofreciendo hasta $2.18 mil millones en tarifas potenciales y regalías.