"Voyager Therapeutics Skyrockets on $1.2B Novartis Gene Therapy Collaboration"

1 min read
Source: Yahoo Finance
"Voyager Therapeutics Skyrockets on $1.2B Novartis Gene Therapy Collaboration"
Photo: Yahoo Finance
TL;DR Summary

Voyager Therapeutics' shares surged 35% after announcing a licensing deal with Novartis worth $1.2 billion, including $100 million upfront. The deal grants Novartis access to Voyager's RNA-based screening platform to develop a gene therapy for Huntington's disease, with Voyager eligible for milestone payments and royalties on sales.

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