Sangamo Therapeutics Inc is a genomic medicine company dedicated to creating treatments for serious neurological disorders. The company focuses on two main approaches. First it develops epigenetic regulation therapies using its zinc finger protein technology to turn disease related genes on or off. Second it engineers adeno associated virus capsids to deliver these therapies to the central nervous system. Its pipeline includes a program for small fiber neuropathy called ST…
Sangamo Therapeutics Inc is a genomic medicine company dedicated to creating treatments for serious neurological disorders. The company focuses on two main approaches. First it develops epigenetic regulation therapies using its zinc finger protein technology to turn disease related genes on or off. Second it engineers adeno associated virus capsids to deliver these therapies to the central nervous system. Its pipeline includes a program for small fiber neuropathy called ST 503 that targets the SCN9A gene. Another program addresses prion disease using a novel capsid known as STAC BBB to deliver a zinc finger repressor of the PRNP gene. The company also has a gene therapy candidate for Fabry disease named ISARALGAGENE CIVAPARVOVEC that aims to provide lasting enzyme expression. Additionally it has reacquired rights to a hemophilia A therapy GIROCTOCogene FITELPARVOVEC previously developed with Pfizer. Through these efforts Sangamo Therapeutics Inc seeks to transform the treatment landscape for patients with rare and debilitating conditions. The firm continues to explore additional indications for its zinc finger platform including neurodegenerative disorders beyond those currently disclosed.
The company’s revenue comes mainly from upfront license fees milestone payments and royalties earned through its collaboration and licensing agreements. Sangamo Therapeutics Inc has received approximately nine hundred eleven million dollars in upfront fees milestones and equity proceeds from partners such as Genentech Astellas Eli Lilly Alexion and Takeda. In addition the company is eligible to receive up to four point eight billion dollars in future milestone payments and additional licensed target fees as its programs advance. While it does not yet have any marketed products the company anticipates that product sales and royalties will become a revenue stream once its therapies receive regulatory approval and reach the market. The company also expects to receive additional income from licensing its technology to other industries such as agriculture and research reagents.
Sangamo Therapeutics Inc holds a distinct position in the genomic medicine arena by combining zinc finger based gene regulation with innovative adeno associated virus capsid engineering. Its primary competitors include other gene therapy developers such as BioMarin Pharmaceutical Spark Therapeutics and UniQure as well as gene editing companies like CRISPR Therapeutics Editas Medicine and Intellia Therapeutics. The firm’s competitive advantage stems from its proprietary zinc finger platform that enables precise epigenetic regulation without creating double stranded DNA breaks. Additionally its novel capsid variants demonstrate enhanced ability to cross the blood brain barrier and deliver therapeutic payloads efficiently to the central nervous system. These technological strengths allow the company to target diseases that have been difficult to treat with conventional gene therapy approaches.
The company’s customers are principally large biopharmaceutical enterprises that collaborate on research development and commercialization of genomic medicines. Named partners in the filing include Genentech which is part of the Roche Group Astellas Gene Therapies Eli Lilly Alexion Pharmaceuticals and Takeda Pharmaceutical Company Limited. These relationships provide Sangamo Therapeutics Inc with upfront payments milestone achievements and potential royalties on any future products that arise from the collaborations. By working with established industry leaders the company gains financial support validation of its technology and access to broader distribution networks.
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CIK: 0001001233