LAKE FOREST, Ill.--(BUSINESS WIRE)-- Jaguar Gene Therapy launched today after being in stealth mode for the past year and is uniquely positioned to accelerate gene therapy development. Led by the former AveXis leadershipand resourced by Deerfield Management, Jaguar leverages a proven management team with the expertise to accelerate the development, manufacturing and commercialization of novel gene therapy treatments for patients suffering from severe genetic diseases.
"Jaguar is uniquely positioned to accelerate breakthroughs in gene therapy for patients suffering from severe genetic diseases," said Sean Nolan, Executive Chairman of Jaguar Gene Therapy. "We believe that the combination of our proven management team and gene therapy expertise coupled with the financial resources and access to academic institutions provided by Deerfield Management will facilitate our ability to identify critical clinical needs and address them by expediting the development of gene therapies from bench to bedside as safely and quickly as possible."
Jaguar Gene Therapy is focused on advancing its initial pre-clinical pipeline of AAV9-based gene therapies:
"We have established an initial pre-clinical pipeline of AAV9-based gene therapy programs targeting diseases with significant unmet need, including galactosemia, genetic causes of autism spectrum disorder, Type 1 diabetes and Bardet-Biedl syndrome," said Joe Nolan, Chief Executive Officer of Jaguar Gene Therapy. "I am confident that our team's experience with the proven and reliable AAV9 platform will minimize development risk and enable us to accelerate the availability of life-changing therapies to patients, caregivers and their families."
In addition to the Series A funding, Deerfield Management is providing Jaguar Gene Therapy with access to its existing network of 18 key academic institutions. This network allows for the creation of relationships with top academic experts and the ability for Jaguar Gene Therapy to access a variety of potential future gene therapy pipeline opportunities from these world-class laboratories.
"The possibility of transforming genetic diseases is now a reality, and Deerfield is excited to be working again with the team we partnered with so successfully at AveXis to develop best-in-class gene therapy treatments," said James Flynn, Managing Partner at Deerfield Management. "The unique access that we provide to Jaguar via our established Deerfield research collaborations will continue to expand Jaguar's pipeline. We are proud to be part of this effort and look forward to solving the unmet needs of thousands of patients."
About Jaguar Gene Therapy
Jaguar Gene Therapy, LLC is accelerating breakthroughs in gene therapy for patients suffering from severe genetic diseases. Backed by Deerfield Management, a healthcare-specific investment firm, Jaguar brings streamlined R&D, manufacturing and clinical operations to accelerate development and potential approval of therapies for severe genetic diseases. For more information, please visit http://www.jaguargenetherapy.com/ and follow Jaguar Gene Therapy on LinkedIn.
About Axovia Therapeutics
Axovia is dedicated to developing disease-transformative therapies that target key aspects of ciliopathies, addressing the devastating impact of the disease head-on for patients, their families and caregivers. Axovia is a majority-owned subsidiary of Jaguar Gene Therapy.
About Deerfield Management Company
Deerfield is an investment management firm committed to advancing healthcare through investment, information and philanthropy. For more information, please visit www.deerfield.com.
Source: Jaguar Gene Therapy
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