CRISPR tech worth $21 billion in licensing deals over five years
There has been an uptick in licensing agreements for drugs incorporating clustered regularly interspaced short palindromic repeats (CRISPR)-based technology over the past five years, notes GlobalData.
The agreements, primarily concentrated in oncology, immunology, and central nervous system therapeutics, have collectively been worth $21 billion in deal value, the data and analytics company has found.
"CRISPR technology is transforming targeted gene therapies"From 2020 to 2022, there was a surge in deal worth, particularly in the domain of hematological disorders, reaching a substantial total deal value of $1.8 billion.
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