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Biotech firm files bankruptcy w $115M debt; Eli Lilly, Astellas bet on it anyway(masslive.com)
4 points by randycupertino 7 hours ago | 1 comments
randycupertino 7 hours ago | parent [-]

Lilly is paying $50 million as a "stalking horse" for Sangamo Therapeutics capsid delivery program, "zinc finger" gene-editing and modular integrase platforms and brain disease treatment.

Astellas is paying $50 million for the Fabry disease late-stage gene therapy program.