Bristol Myers walks away from cardiovascular gene therapy deal
Just a week after securing an historic US approval for its one-time hemophilia B treatment, Hemgenix (etranacogene dezaparvovec-drlb), Dutch gene therapy company uniQure (Nasdaq: QURE) has less positive news to announce.
A partnership with Bristol Myers Squibb (NYSE: BMY) will be terminated, after the American cancer giant opted not to renew the research term, initiated in May 2015.
Shares in uniQure dropped off a few percentage points following the announcement, although the company is still riding high following the approval of Hemgenix.
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