ViaCyte’s attempts to develop a stem cell therapy for diabetes have been stymied by the immune system, which recognizes the implanted cells as foreign. Meanwhile, CRISPR Therapeutics has found success in gene-editing cells so that the cells avoid such immune responses.
Now the two companies are combining their respective technologies to develop a stem cell-based therapy that could effectively cure type 1 diabetes.
According to the agreement announced Monday, CRISPR (NASDAQ: CRSP) is set to pay San Diego-based ViaCyte $15 million in either cash or CRISPR stock. CRISPR has an additional option to pay $10 million more in the form… Read more »
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