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Stock impact report

Sangamo's Partnership With Biogen Is Only One Big Pharma Partnership Based Off Of Pipeline [Seeking Alpha]

Sangamo Therapeutics, Inc. (SGMO) 
Last sangamo therapeutics, inc. earnings: 2/28 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.sangamo.com
Company Research Source: Seeking Alpha
| Healthcare Sangamo's Partnership With Biogen Is Only One Big Pharma Partnership Based Off Of Pipeline Mar. 16, 2020 5:21 PM ET About: Sangamo Therapeutics, Inc. (SGMO) Includes: BIIB PFE by: Terry Chrisomalis Long only, biotech, healthcare, short only Marketplace Biotech Analysis Central Summary Sangamo formed a partnership with Biogen to develop treatments for a range of neurological disorders; brought in $350 million upfront with potential to earn $2.37 billion in milestone payments. The two products to be advanced are ST-501 and ST-502, which are being developed to treat Alzheimer's disease and Parkinson's disease, respectively. Sangamo has another partnership with Pfizer developing the gene therapy SB-525 and has the ability for a potential to earn $300 million in milestone payments for development and commercialization. It had $385 million in cash as of December 31, 2019, which is enough to fund its operations for at least the next 12 months; there is a high possibility that i Show less Read more
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