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Wave Life Sciences Partners with GSK to Advance Hepatology Candidate, Triggering $12 Million Milestone Payment.
Wave Life Sciences announces that GSK has selected a candidate for development from their SpiNA siRNA collaboration, leading to a $12 million milestone payment. The partnership also holds the potential for Wave to earn up to $375 million in additional milestone payments and tiered royalties.
Company Information
Company
Wave Life Sciences
Location
Cambridge, Massachusetts, United States
About
Wave Life Sciences (Nasdaq: WVE) is a clinical-stage RNA medicines company committed to delivering life-changing treatments for people battling devastating diseases. Wave aspires to develop best-in-class medicines across multiple therapeutic modalities using PRISM, the company’s proprietary discovery and drug development platform that enables the precise design, optimization and production of stereopure oligonucleotides. Driven by a resolute sense of urgency, the Wave team is targeting a broad range of genetically defined diseases so that patients and families may realize a brighter future.