Astellas and Taysha Gene Therapies Announce Strategic Investment to Support Development of Taysha’s AAV-based Gene Therapy Programs
TOKYO and DALLAS, Oct. 24, 2022 (GLOBE NEWSWIRE) -- Astellas Pharma Inc. (TSE: 4503, President and CEO: Kenji Yasukawa, Ph.D., “Astellas”) and Taysha Gene Therapies, Inc. (NASDAQ: TSHA, CEO: RA Session II, “Taysha”) today announced a strategic investment to support the advancement of Taysha’s adeno-associated virus (AAV) gene therapy development programs for the treatment of Rett syndrome and GAN. The future options to potentially apply Astellas’ global R&D, manufacturing and commercialization capabilities in gene therapy to Taysha’s innovative AAV gene therapy development programs for genetic diseases of the central nervous system (CNS) create the opportunity for the two companies to enhance the development of novel treatment options for patients with Rett syndrome and GAN, who have serious unmet medical needs.
- Taysha is engaged in the development of intrathecally-delivered AAV gene therapies for monogenic CNS diseases.
- To further strategically align Astellas and Taysha, in connection with its equity investment, Astellas will receive one Board observer seat on Tayshas Board of Directors, enabling Taysha to leverage Astellas gene therapy clinical and commercial expertise as Taysha advances TSHA-120 and TSHA-102.
- Astellas Gene Therapies is an Astellas Center of Excellence developing genetic medicines with the potential to deliver transformative value for patients.
- Astellas Gene Therapies will also be advancing additional Astellas gene therapy programs toward clinical investigation.