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Bayer, CRISPR form gene editing JV to cure blood disorders, blindness, and congenital heart disease

Executive Summary

Bayer HealthCare Pharmaceuticals AG and CRISPR Therapeutics formed a 50/50 joint venture tasked with finding cures for blood disorders (including hemophilia), blindness, and congenital heart disease. The Bayer LifeScience Center (BLSC), a new R&D innovation unit at Bayer, help set up the JV, which will focus on creating delivery systems for systemic administration of CRISPR-Cas9 technology.
Deal Industry
  • Biotechnology
    • Gene Therapy, Cell Therapy
    • Large Molecule
  • Pharmaceuticals
  • Pharmaceuticals
    • Drug Delivery
      • Macromolecule
Deal Status
  • Final
Deal Type
  • Alliance
    • Joint Venture
    • R+D and Marketing-Licensing
    • Includes Equity
    • Product or Technology Swap

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