Ovid and Gensaic enter strategic CNS collaboration
Privately-held Gensaic, a company that seeks to reimagine gene therapy, announced today that it has entered into a strategic collaboration agreement with US neurological diseases specialist Ovid Therapeutics (Nasdaq: OVID).
Under the terms of the collaboration, Gensaic will exclusively develop phage-derived gene delivery vehicles for Central Nervous System (CNS) disorders of interest to Ovid.
“The agreement with Ovid marks an exciting first collaboration for Gensaic with a leading biopharmaceutical company,” said Dr Lavi Erisson, co-founder and chief executive of Gensaic. “Ovid’s veteran management team provides a wealth of experience developing and commercializing blockbuster medicines for the world’s leading biopharmaceutical companies. Together, we have the capabilities and academic collaborators to advance this revolutionary gene therapy platform for the brain,” he added.
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