September 1, 2015. Japan's Astellas Pharma Inc <4503.T> is buying U.S. drugmaker Audentes Therapeutics Inc <BOLD.O> for about $3 billion in cash, in a high-priced push to make genetic medicines a key area of growth. Natalie Holles was five months into her tenure as Audentes CEO and working to smooth out a $3 billion merger when the world crashed in. Durham-based BioSkryb Genomics has signed with Cooper Genomics to license BioSkrybs proprietary genomic amplification technology for genetic testing of embryos prior to implantation in women seeking to become pregnant through in vitro fertilization. Cure has a series of expert lectures intended to advance thought in healthcare, management, innovation, policy, and other relevant subjects. But in truth the last yearRead More. Cloudflare Ray ID: 767b0e8f8d690522 Are you ready to use your experience and expertise to make an impact on patients' lives? Samulski was recruited to the University of North Carolina School of Medicine from the University of Pittsburghin 1993 with the help of about $250,000 in grant funding from the North Carolina Biotechnology Center. Our investigational therapies target rare diseases through three modalities: gene replacement, exon skipping gene therapy and vectorized RNA knockdown. This website provides access to information from Astellas sponsored clinical trials and the purpose is not to promote or advertise any Read about our latest progress around our Corporate Strategic Plan. For media inquiries and reporter requests, please click here to fill out a request form. North Carolina's life sciencesSign up for our Newsletter. Hiring is to start this year and grow through 2026. Audentes serves as the Center of Excellence for Astellas newly created Genetic Regulation Primary Focus, providing leadership for AAV pipeline advancement through commercialization, manufacturing expansion, and next-generation research initiatives. Performance & security by Cloudflare. Institute, Internal With our powerhouse research centers and highly skilled workforce, biotech pioneers recognize North Carolinas role as a leader in the life sciences, said Cooper. It is classified as operating in the Medicinal & Botanical Manufacturing industry. Seqirus, a global vaccine maker with a newly expanded manufacturing plant in Holly Springs, has signed a $30.1 million federal contract to produce a potential vaccine against avian flu. Click to reveal SAN FRANCISCO, March 31, 2021 /PRNewswire/ -- Audentes Therapeutics, an Astellas Company, today announced that it is expanding its mission to develop potentially life-changing genetic medicines. In some cases, forward-looking statements may be identified by terminology such as "believe," "may," "will," "should", "predict", "goal", "strategy", "potentially," "estimate," "continue," "anticipate," "intend," "could," "would," "project," "plan," "expect," "seek" and similar expressions and variations thereof. Moreover, Astellas and Audentes operate in very competitive and rapidly changing environments, and new risks emerge from time to time. 600 California Street, 17th Floor San Francisco, CA 94108 Phone: (415) 818-1001 Email: [email protected] The Company has a portfolio of product candidates, including AT132 for the treatment of X-Linked . This fosters growth and education for those at Cure and its guests. Lee County and the city of Sanford are offering up to $5.7 million in incentives. Astellas has seen a fourth death of a young child in its gene therapy trial of an experimental drug gained through the pharma's $3 billion buyout of biotech Audentes. "John Crowley, the company's chairman and CEO, was considering alternative careers . SAN FRANCISCO & RALEIGH, N.C.-- ( BUSINESS WIRE )--Audentes Therapeutics, an Astellas company focused on developing innovative AAV-based genetic medicines, announced today that it plans to invest. Audentes Therapeutics, Inc. Investors Contact: Andrew Chang TEL: +1-415-818-1033 Email: achang@audentestx.com Media Contact: Sarah Spencer TEL: +1-415-957-2020 Email: sspencer@audentestx.com Source: Audentes Therapeutics, Inc. View this news release online at: http://www.businesswire.com/news/home/20191202005969/en Back to news In addition to the risks described above and in Audentes' other filings with the SEC, other unknown or unpredictable factors could also affect Audentes' and Astellas' results. By continuing to browse the site, you are agreeing to our use of cookies. Follow. Audentes Therapeutics General Information. Find company research, competitor information, contact details & financial data for Audentes Therapeutics, Inc. of South San Francisco, CA. Audentes Therapeutics, a genetic medicines company, will create 209 new jobs in Lee County, investing $109 million to locate a manufacturing facility in Sanford. Audentes Therapeutics is funded by 13 investors. Any information on the products contained herein is not intended to provide medical advice nor should be used as a substitute for the advice provided by your physician or other healthcare provider. Forward-looking statements are also subject to risks and uncertainties pertaining to the business of Audentes, including those set forth in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of Audentes' Annual Report on Form 10-K for the year ended December 31, 2018 and Quarterly Report on Form 10-Q for the quarter ended September 30, 2019, which are on file with the SEC and available on the SEC's website at www.sec.gov. Compare pay for popular roles and read about the team's work-life balance. Address: 600 California St FL 17 San Francisco, CA, 94108-2725 United States See other locations Phone: Website: www.astellasgenetherapies.com Employees (this site): Modelled Employees (all sites): Actual Fiscal Year End: Year Started: Incorporated: ESG ranking: ESG industry average: What is D&B's ESG Ranking? Pfizer invested $150 million up-front, plus another $495 million in potential milestone payments. Astellas Pharma Inc., based in Tokyo, Japan, is a company dedicated to improving the health of people around the world through the provision of innovative and reliable pharmaceutical products. Audentes Therapeutics, Inc., an Astellas company, is an AAV-based genetic medicines company focused on developing and commercializing innovative therapies that can offer transformative benefits to patients. By using this site, you accept our use of cookies as described in our privacy policy. The passion and focus of the Audentes team make me confident that they will be an outstanding addition to North Carolinas gene therapy community.. In a recent update, Audentes, a biotech company, discussed its portfolio of investigational gene therapies for rare diseases. He directed the Gene Therapy Center at UNC until 2016. Audentes is leveraging AAV gene therapy technology platform and proprietary manufacturing expertise to develop programs across three modalities: gene replacement, vectorized exon skipping, and vectorized RNA knockdown. Audentes Therapeutics: ClinicalTrials.gov Identifier: NCT03223194 Other Study ID Numbers: AT342-02 : First Posted: July 21, 2017 Key Record Dates: Last Update Posted: May 18, 2022 Last Verified: May 2022 Individual Participant Data (IPD) Sharing Statement: Plan to Share IPD: No: Layout table for additional information . Astellas Gene Therapies (formerly known as Audentes Therapeutics) is a biotechnology company committed to the development and commercialization of innovative new treatments for patients with serious, rare diseases through the application of gene therapy technology. Description. Samulski co-founded AskBio in 2001 to commercialize AAV gene therapies. Discovery & Development (3DC), Deerfield A New York City-based not-for-profit devoted to advancing innovative health care initiatives. Audentes Therapeutics has approximately 201-500 employees. Pfizer has subsequently embarked on construction of a $600 million, 340-employee gene therapy research and manufacturing facility at its 230-acre campus in Sanford, near the site that is now to become Audentes flagship production facility. All rights reserved. We are leveraging Astellas' global resources, industry leadership in immune biology, and deep scientific expertise to expand our reach and develop valuable new genetic medicines "Now backed by the substantial resources and global footprint of Astellas, we remain focused on achieving our goal of submitting a Biologics License Application (BLA) for AT132 for the treatment of X-linked Myotubular Myopathy to the U.S. Food and Drug Administration later this year, advancing the new combined pipeline, and building a world-class genetic medicines company.". This website contains information about products that may not be available in all countries, or may be available under different trademarks, for different indications, or in different dosages. Shares of Audentes Therapeutics are skyrocketing today, up by 105% as of 2:47 p.m. EST, after the clinical-stage gene therapy specialist announced it has agreed to be acquired. Audentes Therapeutics has 8 board members and advisors, including Scott Morrison . AAV offers the advantages of safety, efficient long-term gene expression, ease of genetic manipulation, and the property of low or, in many cases, absent immune response in people who receive initial doses. Mortality rates are estimated to be 50 percent in the first 18 months of life, and for those patients who survive past infancy, approximately 75 percent will live to the age of 10. In addition to its gene therapy portfolio targeting serious rare neuromuscular diseases, Audentes is leveraging Astellas' global resources, industry leadership in immune biology, and deep scientific expertise to expand its reach and deliver valuable new genetic medicines to patients around the world. WhatsApp acquired by Facebook). Its general and . Seed, Series A, Private Equity), Alternate or previous names for the organization, Whether an Organization is for profit or non-profit, General contact email for the organization, Auto-generated name of transaction (e.g. Their decision to grow in North Carolina reflects the Research Triangle regions specialized training capabilities and strengths in gene therapy and biomanufacturing. Details: Audentes is developing AT845, developed to recognise limitations of ERT by facilitating the intracellular production of GAA to improve efficacy, reduce immunogenicity, and deliver a durable and transformative clinical benefit from a single intravenous administration. TOKYO and SAN FRANCISCO, Jan. 15, 2020 /PRNewswire/ -- Astellas Pharma Inc. (TSE: 4503) (President and Chief Executive Officer: Kenji Yasukawa, Ph.D., "Astellas") today announced that it has successfully completed the previously announced acquisition of Audentes Therapeutics, Inc. ("Audentes"), through a tender offer by its indirect wholly-owned subsidiary Asilomar Acquisition Corp. ("Asilomar") for all of the issued and outstanding shares of common stock of Audentes for a price of US$60.00 per share net to the seller in cash ("Tender Offer") and the subsequent merger of Asilomar with and into Audentes. The disease affects approximately 1 in 40,000 to 50,000 newborn males. Global pharmaceutical giant Pfizer made a major commitment to North Carolinas gene therapy cluster in 2016 with the purchase of Bamboo Therapeutics, a Chapel Hill-based gene therapy company spun out of AskBio. san francisco, may 29, 2019 /prnewswire/ -- audentes therapeutics, inc. (nasdaq: bold ), a leading aav-based genetic medicines company focused on developing and commercializing innovative. We also present our revenue forecasts for different clinical indications. Astellas and Audentes have based these forward-looking statements on current expectations and projections about future events and trends that they believe may affect the financial condition, results of operations, business strategy, short-term and long-term business operations and objectives and financial needs of Astellas and Audentes, but there can be no guarantee that such expectations and projections will prove accurate in the future. Audentes, which was acquired by Astellas for $3 billion almost a year and a half ago, will now operate under the name Astellas Gene Therapies, the company announced Wednesday. Audentes is a partner using Synpromics technology.
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