SparingVision sells ex vivo GIRK technology to Tenpoint Therapeutics
SparingVision remains focused on in vivo genomic medicines, with SPVN20, a GIRK-based gene therapy candidate, expected to reach clinical stage in 2024
- SparingVision remains focused on in vivo genomic medicines, with SPVN20, a GIRK-based gene therapy candidate, expected to reach clinical stage in 2024
Paris, July 12, 2023 – SparingVision (“the Company”), a clinical-stage genomic medicine company developing vision-saving treatments for ocular diseases, today announces that it has sold its ex vivo GIRK1 technology to Tenpoint Therapeutics (“Tenpoint”). - SparingVision obtained its GIRK technology in April 2021 through the acquisition of GAMUT Therapeutics (“GAMUT”), which had developed a portfolio of products around GIRK to restore visual function in dormant cones.
- Under the terms of the agreement, Tenpoint has acquired GCT gaining exclusive clinical and commercial rights to the ex vivo application of the GIRK technology.
- Stéphane Boissel, President and Chief Executive Officer of SparingVision, said: “We believe that the GIRK technology has tremendous potential and this transaction with Tenpoint will help advance the development of the ex vivo GIRK technology as we remain wholly focused on our in vivo strategy.