** Shares of gene therapy developer Regenxbio RGNX.O rise 23.6% to $8.59 premarket
** RGNX says it has partnered with Japan's Nippon Shinyaku Co 4516.T to develop and commercialize two gene therapies, RGX-121 and RGX-111, to treat Mucopolysaccharidoses (MPS) Diseases
** MPS is a group of inherited metabolic diseases where the body lacks specific enzymes needed to break down complex sugars
** RGNX will receive $110 mln as upfront payment and up to $700 mln as milestone payments from Nippon Shinyaku
** Deal expected to close by the end of Q1 2025
** All 11 brokerages rate the stock "buy" or higher; their median PT is $38 - LSEG
** RGNX fell ~60 in 2024
(Reporting by Kamal Choudhury in Bengaluru)
((Kamal.Choudhury@thomsonreuters.com;))
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。