Samsung's Life Science Fund invests in Seattle's Latus Bio
이 글자크기로 변경됩니다.
(예시) 가장 빠른 뉴스가 있고 다양한 정보, 쌍방향 소통이 숨쉬는 다음뉴스를 만나보세요. 다음뉴스는 국내외 주요이슈와 실시간 속보, 문화생활 및 다양한 분야의 뉴스를 입체적으로 전달하고 있습니다.
Samsung's Life Science Fund, created jointly by Samsung Biologics, Samsung Bioepis and Samsung C&T, has invested in Seattle-based Latus Bio in its latest move to enter the promising gene therapy market.
The details of the investment, the fund's sixth, have not been disclosed.
Latus is currently developing gene therapy candidates for the central nervous system.
According to Latus' news release, “AAV-mediated gene therapy has long held promise for the treatment of genetically-defined CNS disorders; but, until now, it has been limited by its inability to transduce specific CNS substructures and cell types with requisite specificity. These limitations have led to the reliance on high-dose injections that cause off-target toxicity and difficulties in scalable manufacturing.”
“Latus’s proprietary technologies aim to directly address these challenges by enabling massively paralleled and unbiased screening of novel AAV capsids directly in nonhuman primates,” the company says.
Samsung is speeding up its investment in bio startups. The fund, in 2022, invested in Jaguar Gene Therapy, an Illinois-based biotech company specializing in gene therapy development.
The Life Science Fund was created in 2021 with infusions of 99 billion won ($74.4 million) from Samsung C&T and 49.5 billion won from Samsung Biologics. Samsung Bioepis contributed 20 billion won last year.
BY SARAH CHEA [chea.sarah@joongang.co.kr]
Copyright © 코리아중앙데일리. 무단전재 및 재배포 금지.
- Min Hee-jin demanded right to terminate NewJeans' contract without approval, HYBE says
- Twice's Dahyun to make acting debut in upcoming indie film 'All-out Sprint'
- Meet Hodu, the plucky Pomeranian protecting her Seoul neighborhood
- As it happened — ADOR CEO Min Hee-jin press conference
- Dahn World denies connections to BTS, HYBE and being a cult
- Tears flow as National Assembly passes bill to investigate Itaewon disaster
- Blackpink's Lisa rumored again to be dating businessman Frédéric Arnault
- Song Ha-yoon's alleged victim provides more details of physical assault
- Kakao's SM Entertainment stake acquisition approved by antitrust regulator
- Accident survivor finds full miracle in partial recovery