Théa pays for rights to Coave gene therapy in retinitis pigmentosa

16 September 2021

French companies Coave Therapeutics and Théa have done a deal in ophthalmology.

The deal is an exclusive licensing, co-development and commercialization agreement for Europe for CTx-PDE6b, a gene therapy candidate in retinitis pigmentosa.

Under the terms of the agreement, Coave will receive an upfront payment and equity investment of 10 million euros from Théa.

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