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Astellas makes another gene therapy play, takes stake in Taysha

The Japanese firm has agreed to make a $50 million investment in Dallas-based Taysha in exchange for a 15% stake in the company, plus exclusive options to license two clinical-stage, single-gene therapies for rare genetic diseases.

The option covers TSHA-102, currently the only gene therapy in clinical testing for developmental disorder Rett syndrome, and TSHA-120, a phase 1/2 candidate for the inherited central and peripheral nervous system disorder giant axonal neuropathy (GAN).

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