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Tuesday, December 19, 2023

Neurogene: Merger with Neoleukin Therapeutics and Concurrent Private Placement of $95 M

 Neurogene focused on advancing Phase 1/2 trial for NGN-401, a differentiated clinical stage gene therapy to treat Rett syndrome using its EXACT technology; interim clinical data expected in 4Q24

Two patients successfully dosed with NGN-401, which has been well tolerated to date with no treatment-emergent or procedure-related serious adverse events, or transgene-related overexpression toxicity

Post transaction cash, cash equivalents, and investments of approximately $200 million expected to fund advancement of Neurogene’s EXACT gene therapy portfolio into 2H26

Shares to trade on NASDAQ under the new ticker “NGNE”

https://www.businesswire.com/news/home/20231219056613/en/

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