News Explorer — GenSight Biologics Raises $4.3 Million After Gene Therapy Success - Decrypt
11/21/2023 08:44
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Nov 20, 5:45 pm
longevity.technology
GenSight Biologics Raises $4.3 Million After Gene Therapy Success
GenSight Biologics has completed the second Good Manufacturing Practice (GMP) batch of its gene therapy product LUMEVOQ, allowing the company to receive €4 million in financing. The funding will extend GenSight's cash runway until December 2023, but the company still needs to raise an additional €10 million to sustain its activities beyond that. GenSight is awaiting the review of its marketing authorization application for LUMEVOQ by the European Medicines Agency.

GenSight Biologics has completed the second Good Manufacturing Practice (GMP) batch of its gene therapy product LUMEVOQ, allowing the company to receive €4 million in financing. The funding will extend GenSight's cash runway until December 2023, but the company still needs to raise an additional €10 million to sustain its activities beyond that. GenSight is awaiting the review of its marketing authorization application for LUMEVOQ by the European Medicines Agency.
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