24 x 7 World News

CRISPR-based innovations drove $21 billion in pharmaceutical licensing deals over five years: GlobalData, ET HealthWorld

0

London: The pharmaceutical industry has experienced a notable uptick in licensing agreements for innovator drugs incorporating clustered regularly interspaced short palindromic repeats (CRISPR)-based technology over the past five years. These agreements, primarily concentrated in oncology, immunology, and central nervous system therapeutics, have collectively accumulated an impressive $21 billion in deal value.


Furthermore, the period from 2020 to 2022 witnessed a remarkable surge in deal worth, particularly in the domain of haematological disorders, reaching a substantial total deal value of $1.8 billion, reveals GlobalData.

Ophelia Chan, Business Fundamentals Analyst, GlobalData, commented, тАЬThis underscores the increasing significance of CRISPR advancements in the development of therapies for haematological disorders.тАЭ

The FDAтАЩs approval of Casgevy in December 2023 marked a significant breakthrough in gene therapy. Developed jointly by Vertex Pharmaceuticals and CRISPR Therapeutics, Casgevy is the first CRISPR and CRISPR-associated protein 9 (Cas9) genome editing therapy for sickle cell disease and beta-thalassemia. This therapy precisely edits DNA in blood stem cells, by taking the patientтАЩs bone marrow stem cells and enhancing the expression of foetal haemoglobin to restore healthy haemoglobin production when reintroducing these edited stem cells back into the patient, thus alleviating symptoms in patients.

Chan added, тАЬInnovator drugs harnessing CRISPR technologies saw 182 per cent growth in total licensing agreement deal value from $5.6 billion in 2020 to $15.8 billion in 2022. Among the top three therapy areas, oncology represented over half of the total deal value with $11.9 billion, followed by immunology with $6.7 billion, and central nervous system with $2.2 billion.тАЭ

Lily and Sanofi have recently collaborated with CRISPR-based technology companies. Last year, LilyтАЩs subsidiary, Prevail Therapeutics, secured exclusive rights to Scribe TherapeuticsтАЩs CRISPR X-Editing (XE) technologies in a deal potentially worth more than $1.57 billion. This agreement, aimed at advancing in vivo therapies for specific targets known to cause serious neurological and neuromuscular diseases, marked the largest CRISPR-based deal of the year.

Sanofi also expanded its collaboration with Scribe in July 2023, with a deal worth up to $1.24 billion, focusing on utilising ScribeтАЩs XE genome editing technologies to develop in vivo therapies, particularly for sickle cell disease and other genomic disorders.

Furthermore, LilyтАЩs expertise in cardiometabolic diseases led to a collaboration with Beam Therapeutics in October of last year. This $600 million agreement included acquiring BeamтАЩs rights in Verve Therapeutics, a gene-editing company focusing on single-course therapies for cardiovascular disease. This includes VerveтАЩs programmes targeting PCSK9 and ANGPTL3, both set for clinical initiation this year.

Chan concluded, тАЬCRISPR technology is transforming targeted gene therapies for diverse unmet diseases by precisely targeting diverse genomic sites, promising tailored treatments, and improved patient outcomes. The increasing presence of CRISPR-based therapies in clinical trials is anticipated to fuel further advancements in precision medicine.тАЭ

  • Published On Apr 10, 2024 at 06:22 PM IST

Join the community of 2M+ industry professionals

Subscribe to our newsletter to get latest insights & analysis.

Download ETHealthworld App

  • Get Realtime updates
  • Save your favourite articles


Scan to download App

Leave a Reply