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Bayer, CRISPR form gene editing JV to cure blood disorders, blindness, and congenital heart disease
23 Oct 2019
Executive Summary
Bayer HealthCare Pharmaceuticals AG and CRISPR Therapeutics formed a 50/50 joint venture tasked with finding cures for blood disorders (including hemophilia), blindness, and congenital heart disease. The Bayer LifeScience Center (BLSC), a new R&D innovation unit at Bayer, help set up the JV, which will focus on creating delivery systems for systemic administration of CRISPR-Cas9 technology.
Deal Industry
- Pharmaceuticals
-
Pharmaceuticals
-
Drug Delivery
- Macromolecule
-
Drug Delivery
-
Biotechnology
- Gene Therapy, Cell Therapy
- Large Molecule
Deal Status
- Final
Deal Type
-
Alliance
- Includes Equity
- Joint Venture
- Product or Technology Swap
- R&D and Marketing (Licensing)
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