other material
confidence high
sentiment positive
materiality 0.60
Voyager grants Novartis license to capsid for gene therapy; $15M upfront, up to $305M milestones
Voyager Therapeutics, Inc.
- Novartis receives exclusive license to a capsid from Voyager's TRACER platform for a single gene target.
- One-time $15M fee paid upfront; Voyager eligible for $130M in development/regulatory/commercial milestones.
- Additional sales milestones up to $175M per product plus tiered mid- to high-single-digit royalties.
- Novartis' prior option rights for other targets expired as of September 3, 2024.