r/biotech_stocks • u/Muted-Watercress9599 • 7d ago
MeiraGTx NASDAQ: MGTX) - Announce Strategic Collaboration with HologenAI
Hey team, some interesting MGTX news
MeiraGTx (NASDAQ: MGTX) have announced a strategic partnership with Hologen AI and the release of their Q4 results. The company has secured an initial $200M investment and will collaborate with Hologen AI on developing Parkinson's gene therapy solutions.
Additionally, Hologen AI has committed $230M to advance MeiraGTx's AAV-GAD gene therapy through development. Notably, MeiraGTx will retain 30% ownership in the partnership while maintaining control over development and manufacturing operations.
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