Connect with us


Eye Health Firm Acquired in $800M Deal

The acquisition focuses on treatments for inherited retinal disorders.




CAMBRIDGE, MA — Biogen announced that it has completed its acquisition of Nightstar Therapeutics, a clinical-stage gene therapy company focused on treatments for inherited retinal disorders.

As a result of the acquisition, Biogen now has added two mid- to late-stage clinical assets, as well as preclinical programs, in ophthalmology, according to a press release.

The transaction value was about $800 million. Nightstar’s common stock will no longer be listed for trading on the Nasdaq Global Select Market.

Nightstar is developing adeno-associated virus treatment. Its lead asset is NSR-REP1 for the treatment of choroideremia, a rare degenerative, X-linked inherited retinal disorder that leads to blindness and has no approved treatments. Initially, patients with choroideremia experience poor night vision, and over time progressive visual loss leads to complete blindness.

NSR-RPGR is Nightstar’s second clinical program for the treatment of X-linked retinitis pigmentosa, which is also a rare inherited retinal disease primarily affecting males with no approved treatments. The disease leads to loss of photoreceptor cells, resulting in retinal dysfunction by adolescence and early adulthood, progressing to legal blindness when patients reach their 40s.

“Today marks a significant achievement for Biogen,” said Michel Vounatsos, Biogen’s CEO. “The acquisition of Nightstar further bolsters our pipeline and is an important step forward toward our goal of a multi-franchise portfolio across complementary modalities. We look forward to working now as one Biogen team with the goal of bringing breakthrough therapies to patients to slow or halt blindness across a range of inherited retinal diseases.”




The Best Overall Progressive Lens, Now Powered by AI

Engineered with Behavioral Artificial Intelligence and utilizing new XR-motion™ technology, Varilux XR series goes beyond prescription and eye physiology to consider the patient’s visual behavior and design a progressive lens that respects how
their eyes naturally move.

Varilux XR series comes in two versions, Varilux® XR design and Varilux® XR track. The Varilux XR track lens provides an additional level of personalization by incorporating the exclusive Near Vision Behavior Measurement, providing up to 25% more near vision width3 according to the patient’s need, so patients get the highest level of customization.

Discover Varilux XR series and enjoy instantly sharp vision in motion4 and seamless transitions from near to far.

For more information, visit here.

Promoted Headlines





Get the most important news and business ideas for eyecare professionals every weekday from INVISION.



Most Popular