J&J buys an ear­ly-stage gene ther­a­py for the eye — the on­ly known pro­gram for an un­der-the-radar biotech

Just weeks af­ter MeiraGTx tout­ed their lat­est up­date on da­ta emerg­ing from their gene ther­a­py al­liance with J&J on in­her­it­ed reti­nal dis­eases, the phar­ma gi­ant is back with an ac­qui­si­tion tai­lored to beef up their R&D ef­forts in the field.

This deal is fo­cused on HMR59, an ear­ly-stage gene ther­a­py at a small biotech called Hemera Bio­sciences. They’re keep­ing the terms un­der wraps for now, but J&J is grab­bing a once-and-done gene ther­a­py that is de­signed to pro­tect lev­els of CD59, a key pro­tein that guards the reti­na.

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