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BioSpace
Original article

Bankrupt Sangamo offloads assets to Lilly, PTC in $161M sale

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AI Analysis

Summary

Bankrupt Sangamo Therapeutics is offloading assets in a $161M sale, with PTC Therapeutics acquiring its Fabry disease gene therapy program and Eli Lilly purchasing the prion disease program and several platforms.

Outcome Details

Asset sale completed for $161M

Importance:7/10
Sentiment:
-0.50
bankruptcyasset_saleacquisitiongene_therapyfabry_diseaseprion_disease
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Published by BioSpace on August 13, 2026 11:20 AM

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