Perpetuating the surge of interest in gene therapy technology from major pharmaceutical companies, such as Pfizer Inc. (PFE) and Novartis Inc. (NVS), biopharmaceutical company Bristol-Myers Squibb Co. (BMY) announced a partnership agreement with gene therapy research and development company uniQure NV (QURE) which gives them exclusive rights over uniQures gene therapy technology development for up to 10 genetic targets, for treating cardiovascular diseases, among others. Marking the first foray of Bristol-Myers into gene therapy, the deal gives the company the sole right to develop uniQures gene therapy drugs to treat diseases such as heart failure, which is one of the most common health problems in the world today. Cardiovascular disease is expected to affect about 40 million people around the world by 2030. Bristol-Myers Squibb has an excellent and long-standing track record of success in discovering and developing treatments for cardiovascular diseases and in embracing advancing technologies for the treatment of human diseases, Carl Decicco, Ph.D., head of Discovery, R&D, Bristol-Myers Squibb said in a statement issued by the company. Collaborating with uniQure, a clear leader in the field with an innovative and validated gene therapy platform, further strengthens our capability to bring forward transformational new therapeutics for difficult-to-treat diseases. … Continue reading
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