Fibrocell Science sees light at the end of the tunnel with Castle Creek deal to develop 'butterfly' disease gene therapy
Embattled cell and gene therapy company Fibrocell Science — which last year initiated a review of strategic alternatives — has found a way forward by joining forces with Jeff Aronin’s Castle Creek Pharmaceuticals, shepherding its lead gene therapy for “butterfly” disease into late-stage development.
Aronin, former chief of the controversial Marathon Pharmaceuticals, already has one drug in the Castle Creek pipeline for the disease. He raised $71.8 million last October to repurpose an oral orphan drug called diacerein (approved to treat joint swelling or pain in the EU, but restricted due to the risks of diarrhea and liver problems) into a topical treatment for epidermolysis bullosa simplex, a form of rare genetic condition known as “butterfly skin.”
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