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0 0.000195160031225566 -0.00136612021857924 -0.00565964090554253 -0.00995316159250582 -0.0122950819672132 -0.0119047619047619 -0.00429352068696329
Stock impact report

Vertex teams up with Affinia in gene therapies [Seeking Alpha]

Sanofi - American Depositary Shares (SNY) 
US:NYSE Investor Relations: sanofi.com/en/investors
Company Research Source: Seeking Alpha
Healthcare|On the MoveVertex teams up with Affinia in gene therapiesApr. 27, 2020 9:07 AM ETVertex Pharmaceuticals... (VRTX)Douglas W. HouseVertex Pharmaceuticals (NASDAQ:collaborateAffinia TherapeuticsThe partnership will leverage Affinia's proprietary AAVSmartLibrary and associated technology with Vertex's scientific, clinical and regulatory know-how to develop gene therapies for Duchenne muscular dystrophy, myotonic dystrophy type 1 and cystic fibrosis.Under the terms of the deal, Affinia will be eligible to receive over $1.6B in payments and milestones, including $80M in upfront and research milestone fees, and tiered royalties on net sales.Affinia will be responsible for capsid discovery while Vertex will be responsible for the design, development, manufacture and commercialization of the gene therapies.Shares up2%See all stocks on the move »Now read:Regeneron and Sanofi's Kevzara shows no clinical benefit in COVID-19 study » Show less Read more
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