Astellas Acquires Quethera, Glaucoma Gene Therapy Candidate in Potential $109 Million Deal

August 10, 2018: By Jon Swedien

AstellasAstellas Pharma has acquired UK-based Quethera and its gene therapy candidate for glaucoma in a deal that could be worth up to $109 million, the Tokyo-based company announced Aug. 10.

Astellas will acquire Quethera’s ophthalmic gene therapy program, which uses a recombinant adeno-associated viral vector system to introduce therapeutic genes into target retinal cells to treat glaucoma.

The program’s lead preclinical candidate has demonstrated significantly improved survival of retinal ganglion cells in preclinical models, Astellas said.

Astellas may pay up to $109 million—which includes both upfront and contingent payments—under the deal. As well, Quethera has become a wholly owned subsidiary of Astellas.

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