Orchard Therapeutics raises $150m in Series C funding to advance gene therapies for rare diseases

Orchard Therapeutics raises $150m in Series C funding to advance gene therapies for rare diseases

Orchard Therapeutics, a leader in gene therapy specializing in rare diseases, has successfully secured $150 million through a Series C funding round. This substantial capital injection will support the advancement and commercialization of its innovative gene therapies. The funding round was led by Deerfield Management, with significant contributions from other top-tier investment firms such as […]

GlaxoSmithKline transfers rare disease gene therapy portfolio to Orchard Therapeutics in strategic deal

GlaxoSmithKline transfers rare disease gene therapy portfolio to Orchard Therapeutics in strategic deal

GlaxoSmithKline (GSK), a leading British pharmaceutical company, has entered into a significant agreement with Orchard Therapeutics, transferring its rare disease gene therapy drugs in exchange for a 19.9% equity stake and a seat on Orchard’s board. This move is part of GSK’s strategic initiative to refine its focus on core areas such as respiratory, HIV/infectious […]