Editas Medicine changes strategy for lead CRISPR program

23 October 2024

Editas Medicine (Nasdaq: EDIT) has announced plans to seek a partner or buyer for its lead CRISPR program, reni-cel, as the company continues to shift its strategy.

Chief executive Gilmore O’Neill said: “the best option for both patients and our shareholders is to seek a global partner or out-license reni-cel, which would allow us to substantially reduce spend in 2025."

The move sparked a share sell-off on Tuesday, with shares dropping around a tenth.

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