Bobby Gaspar, Orchard Therapeutics co-founder and CEO

Gene ther­a­py mak­er Or­chard Ther­a­peu­tics sells to Ky­owa Kirin for $387M cash as lead pro­gram awaits 2024 FDA ver­dict

Or­chard Ther­a­peu­tics’ gene ther­a­pies will have a new home as Japan’s Ky­owa Kirin buys out the biotech for $387.4 mil­lion in cash.

Ky­owa Kirin will now take over mar­ket­ing of Or­chard’s on­ly prod­uct, Lib­meldy (ati­darsagene au­totem­cel or OTL-200), for a rare and fa­tal meta­bol­ic dis­or­der known as ear­ly-on­set metachro­mat­ic leukody­s­tro­phy. The ther­a­py, which is al­ready ap­proved in the EU and UK, is set to get a de­ci­sion from the FDA in March 2024.

Endpoints News

Unlock this article instantly by becoming a free subscriber.

You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.