Charles River And Genetic Cures For Kids Announce Gene Therapy Manufacturing Collaboration
Portfolio Pulse from Benzinga Newsdesk
Charles River Laboratories International, Inc. (NYSE:CRL) and Genetic Cures for Kids Inc (GC4K) have announced a collaboration for plasmid DNA production to support early phase trials for SPG56 Hereditary Spastic Paraplegia. Charles River will utilize its eXpDNA™ platform and HQ Plasmid Manufacturing Center of Excellence to aid in the development of a gene therapy for SPG56, a rare neurodegenerative disease with no current treatment. The partnership aims to create a framework for treating other genetic diseases.
November 28, 2023 | 1:12 pm
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Charles River Laboratories is collaborating with GC4K to produce plasmid DNA for SPG56 gene therapy trials, leveraging its eXpDNA™ platform and manufacturing expertise.
The collaboration with GC4K positions Charles River Laboratories at the forefront of gene therapy manufacturing for rare diseases, which could enhance its reputation and potentially lead to increased demand for its services. The specific mention of its eXpDNA™ platform and the recent opening of its HQ Plasmid Manufacturing Center of Excellence highlight the company's commitment to this area, which may be viewed positively by investors. The news could lead to a short-term positive impact on the stock price as the market reacts to the potential for future growth in this high-value sector.
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