ORTX · Orchard Therapeutics
Acquired Company
Kyowa Kirin acquired Orchard Therapeutics on 1/24/2024 for $16.00 per ADS in cash plus a contingent value right of $1.00 per ADS, representing a total equity value of about $477.6 million.
01/24/24- Company acquired by Kyowa Kirin. Orchard Therapeutics is a global gene therapy leader dedicated to transforming the lives of people affected by rare diseases through the development of innovative, potentially curative gene therapies. The company's ex vivo autologous gene therapy approach harnesses the power of genetically modified blood stem cells and seeks to correct the underlying cause of disease in a single administration. In 2018, Orchard acquired GSK's rare disease gene therapy portfolio, which originated from a pioneering collaboration between GSK and the San Raffaele Telethon Institute for Gene Therapy in Milan, Italy. Orchard now has one of the deepest and most advanced gene therapy product candidate pipelines in the industry spanning multiple therapeutic areas where the disease burden on children, families and caregivers is immense and current treatment options are limited or do not exist.
Market Cap
N/A
52 Wk Range
N/A - N/A
Previous Close
$16.70
Open
$16.70
Volume
N/A
Day Range
$16.70 - $16.70
Enterprise Value
N/A
Cash
N/A
Avg Qtr Burn
N/A
Insider Ownership
12.21%
Institutional Own.
N/A
Qtr Updated
Sep 30th 2024
