Gaining AAV Technology
Sangamo Adds Gene Therapy Assets with Ceregene Buyout
By Catherine Shaffer
Tuesday, August 27, 2013
Sangamo BioSciences Inc., of Richmond, Calif., will acquire a Phase II Alzheimer’s disease gene therapy, CERE-110, plus a device for brain delivery with its acquisition of San Diego-based Ceregene Inc. Sangamo agreed to hand over 100,000 shares of its common stock, plus a payout on revenues from its products.
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