Lexeo Therapeutics Announces In-License Agreement With Cornell University To Expedite Development Of LX2006 For Treatment Of Friedreich Ataxia Cardiomyopathy; Under Agreement, Co. Has Acquired Certain Rights1 Including Rights To Current And Future Data Generated In An Ongoing Investigator-initiated Phase 1A Trial Of AAVrh.10hFXN To Treat Fa Cardiomyopathy
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Lexeo Therapeutics has entered into an in-license agreement with Cornell University to accelerate the development of LX2006 for treating Friedreich Ataxia Cardiomyopathy. This agreement grants Lexeo certain rights, including access to current and future data from an ongoing Phase 1A trial of AAVrh.10hFXN aimed at treating FA cardiomyopathy.
April 22, 2024 | 11:32 am
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Lexeo Therapeutics' agreement with Cornell University to develop LX2006 for Friedreich Ataxia Cardiomyopathy could significantly advance the treatment's progress and market potential.
The in-license agreement with Cornell University provides Lexeo Therapeutics with critical data and rights that are likely to expedite the development and potential commercialization of LX2006. Access to ongoing trial data enhances the company's research capabilities and could improve the drug's development timeline, positively impacting investor sentiment and potentially the stock price in the short term.
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