Deal on cell therapy tech boosts Orchard Thera
Gene therapy specialist Orchard Therapeutics (Nasdaq: ORTX) has licensed technology from the UK’s GlaxoSmithKline (LSE: GSK), lifting its shares by a tenth.
Orchard will make use of GSK’s proprietary lentiviral stable cell line technology (LV-SCLT) to develop two investigational hematopoietic stem cell gene therapies.
The firm is developing OTL-103 for Wiskott Aldrich syndrome and OTL-300 for transfusion-dependent beta thalassemia.
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