YolTech and Salubris agree China-based gene therapy collab

3 September 2024

Chinese gene therapy specialist YolTech Therapeutics has entered into an exclusive licensing agreement with Salubris Pharmaceuticals (SHE: 002294).

The deal, valued at approximately $141 million plus royalties, relates to the development and commercialization of YOLT-101, a gene editing therapy targeting PCSK9.

Under the agreement, Salubris will hold exclusive rights to develop and commercialize the therapy in China. YolTech will receive around $28 million in near-term payments.

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