Théa to acquire ProQR's ophthalmic assets

2 August 2023

Dutch rare diseases biotech firm ProQR Therapeutics (Nasdaq: PRQR) saw its shares rise 5% to $1.58 yesterday, after it announced an agreement to divest its late-stage ophthalmic assets, sepofarsen and ultevursen, to Laboratoires Théa, an independent France-based eye care group.

This is the second ophthalmic acquisition so far this year for Théa, which through its sister company Thea Open Innovation, in March signed a licensing agreement with US biotech Galimedix for the development and commercialization of GAL-101.

Financial terms

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