Stock Market News

Pfizer ends global collaboration with Sangamo, shares drop 27%

2024.12.30 16:36

Pfizer ends global collaboration with Sangamo, shares drop 27%

Investing.com — Sangamo’s shares have seen a decrease of around 27% in response to Pfizer (NYSE:)’s decision to end the global collaboration and license agreement between the two companies.

The termination of the agreement is set to take effect on April 21, 2025. Following this decision, Sangamo has begun exploring other options and potential partners to continue advancing its program.

Pfizer’s move to end the partnership is primarily due to its decision against proceeding with the Biologics License Application and Marketing Authorization Application submissions for giroctocogene fitelparvovec.

The pharmaceutical giant also has no plans to pursue the commercialization of this particular biologic.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 84,140.54 0.08%
ethereum
Ethereum (ETH) $ 1,926.54 0.15%
tether
Tether (USDT) $ 1.00 0.00%
xrp
XRP (XRP) $ 2.39 0.95%
bnb
BNB (BNB) $ 607.17 2.44%
solana
Solana (SOL) $ 134.97 1.00%
usd-coin
USDC (USDC) $ 1.00 0.00%
cardano
Cardano (ADA) $ 0.739049 0.08%
dogecoin
Dogecoin (DOGE) $ 0.175659 1.57%
tron
TRON (TRX) $ 0.219663 0.70%
staked-ether
Lido Staked Ether (STETH) $ 1,925.69 0.26%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 83,995.50 0.10%
pi-network
Pi Network (PI) $ 1.50 2.41%
leo-token
LEO Token (LEO) $ 9.75 0.05%
chainlink
Chainlink (LINK) $ 14.08 1.79%
the-open-network
Toncoin (TON) $ 3.48 18.86%
stellar
Stellar (XLM) $ 0.273306 0.41%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,306.72 0.00%
usds
USDS (USDS) $ 1.00 0.01%
hedera-hashgraph
Hedera (HBAR) $ 0.191886 0.06%
avalanche-2
Avalanche (AVAX) $ 19.45 3.77%
shiba-inu
Shiba Inu (SHIB) $ 0.000013 1.60%
sui
Sui (SUI) $ 2.32 1.41%
litecoin
Litecoin (LTC) $ 92.12 0.40%
bitcoin-cash
Bitcoin Cash (BCH) $ 338.48 1.71%
polkadot
Polkadot (DOT) $ 4.31 0.90%
mantra-dao
MANTRA (OM) $ 6.62 4.07%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.04%
weth
WETH (WETH) $ 1,928.44 0.21%
bitget-token
Bitget Token (BGB) $ 4.47 1.19%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999174 0.29%
hyperliquid
Hyperliquid (HYPE) $ 13.62 7.13%
whitebit
WhiteBIT Coin (WBT) $ 28.81 1.30%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,048.38 0.03%
monero
Monero (XMR) $ 211.00 0.49%
uniswap
Uniswap (UNI) $ 6.26 2.60%
susds
sUSDS (SUSDS) $ 1.04 0.04%
aptos
Aptos (APT) $ 5.33 0.16%
dai
Dai (DAI) $ 0.99981 0.00%
near
NEAR Protocol (NEAR) $ 2.64 0.31%
pepe
Pepe (PEPE) $ 0.000007 1.03%
internet-computer
Internet Computer (ICP) $ 5.83 2.62%
okb
OKB (OKB) $ 46.72 2.21%
ondo-finance
Ondo (ONDO) $ 0.869134 0.27%
ethereum-classic
Ethereum Classic (ETC) $ 17.97 0.38%
mantle
Mantle (MNT) $ 0.803377 9.35%
gatechain-token
Gate (GT) $ 21.62 1.07%
aave
Aave (AAVE) $ 173.05 0.69%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 84,201.56 0.12%
official-trump
Official Trump (TRUMP) $ 11.95 0.35%