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Novartis Sneaks Ahead Of Sanofi To Buy Gyroscope

Pays $800m Upfront For Gene Therapy Eye Specialist

Executive Summary

The Swiss giant is paying up to $1.5bn upfront to get hold of Gyroscope's AAV2-based one-time investigational gene therapy for geographic atrophy, an advanced form of dry AMD that leads to irreversible vision loss.

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