capsida biotherapeutics

It may just be symbolic, but the two-year-old gene therapy Capsida Biotherapeutics built its manufacturing site in the shadow of pharma giant Amgen's headquarters, a wink to its greater ambitions.

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Thousand Oaks-based startup Capsida Biotherapeutics launched in April with the goal of treating devastating diseases using gene therapy. The company just announced a big break that could accelerate its plans.

This week the company inked a deal with biopharma giant CRISPR Therapeutics, a leader in gene-based medicine, to co-develop treatments for two rare diseases with no known cure: Lou Gehrig's disease, or amyotrophic lateral sclerosis (ALS), and Friedreich's ataxia.

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A Thousand Oaks startup that is creating gene therapies aimed at permanently treating devastating diseases like Alzheimer's announced Thursday it received $140 million in capital.

Capsida Biotherapeutics is joining the gene therapy craze with small encapsulated viruses known as adeno-associated viruses, which can target specific cells in the body to treat diseases. The method is similar to the one used by pharma companies that create coronavirus vaccines.

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