A $1.6 billion biobucks pact sounds like a whopping number. But for Dyno Therapeutics, the deal with Astellas Pharma is the latest in a string of partnerships for its gene therapy vectors platform.
Astellas is dishing out $18 million upfront and up to $1.6 billion in milestone and royalty payments to develop adeno-associated virus (AAV) vectors for gene therapies. The research tie-up follows a deal between Dyno and Roche and its Spark Therapeutics unit, which was disclosed last October and could balloon to above $1.8 billion.
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