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| Name | Symbol | Market | Type |
|---|---|---|---|
| Astellas Pharma Inc (PK) | USOTC:ALPMY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.025 | -0.25% | 9.90 | 9.75 | 9.98 | 9.90 | 9.85 | 9.85 | 259,604 | 21:03:49 |
From May 2022 to May 2024
By Colin Kellaher
Shares of Taysha Gene Therapies Inc. surged more than 45% in premarket trading Tuesday after Japan's Astellas Pharma Inc. agreed to invest $50 million for a 15% stake, supporting the advancement of Taysha's gene-therapy development programs.
Dallas-based Taysha said it is granting Astellas an exclusive option to license two clinical-stage programs for rare monogenic central-nervous-system diseases: TSHA-102 for Rett syndrome and TSHA-120 for giant axonal neuropathy.
Taysha, which reported cash and equivalents of $66.2 million as of June 30, said it also granted Astellas certain rights related to any potential change of control.
Taysha shares, which closed Monday at $1.51, were recently up nearly 46% to $2.20 in premarket trading.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
October 25, 2022 06:11 ET (10:11 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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