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Capsida's AAV platform nets $40M AbbVie milestone payment

Summary by Drug Discovery and Development
Capsida Biotherapeutics, a gene therapy startup that has quietly amassed a network of Big Pharma partnerships, announced in January that its partner AbbVie will exercise its option on their first neurodegenerative disease program, triggering a $40 million license payment. The five-year-old company, which has built its war chest primarily through pharma collaborations rather than traditional… The post How Capsida’s unconventional funding strategy…
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Drug Discovery and DevelopmentDrug Discovery and Development

Capsida's AAV platform nets $40M AbbVie milestone payment

Capsida Biotherapeutics, a gene therapy startup that has quietly amassed a network of Big Pharma partnerships, announced in January that its partner AbbVie will exercise its option on their first neurodegenerative disease program, triggering a $40 million license payment. The five-year-old company, which has built its war chest primarily through pharma collaborations rather than traditional… The post How Capsida’s unconventional funding strategy…

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Drug Discovery and Development broke the news in on Saturday, February 1, 2025.
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