South Korea’s GC Biopharma partners with Novelty Nobility
Yongyin-based biopharma company GC Biopharma (KOSPI: 006280) has announced a partnership with Novelty Nobility for the joint development of a new treatment for geographic atrophy (GA).
GA is a leading cause of blindness in older adults, due to an advanced dry form of age-related macular degeneration (AMD). The condition, which affects around 1.5 million people in the USA, leads to retinal tissue damage and vision loss.
The collaboration seeks to address the limitations of current GA treatments, which have only shown partial efficacy in slowing disease progression and carry risks of adverse side effects.
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