
Achroma corporation trial#
Christine Kay, a clinical trial investigator with Vitreo Retinal Associates (Gainesville, Florida), and Bridget Vissari, president of Achroma Corp, which is expediting cures for achromatopsia.Ĭurrent achromatopsia gene therapy clinical trials (all in phase I/II) include: AGTC's CNGB3 (U.S.) and CNGA3 (Israel) studies MeiraGTx's CNGA3 study (U.K.) STZ eyetrial's CNGA3 study (Germany) Stay tuned to Eye on the Cure for updates on achromatopsia research. The call highlighted the difficulties patients have in getting a diagnosis for achromatopsia, the importance of genetic testing, and gene therapy clinical trials underway. Approximately 75 percent of cases are caused by mutations in the genes CNGA3 or CNGB3.Īpplied Genetic Technologies Corporation (AGTC), Achroma Corp, and the Foundation Fighting Blindness hosted a one-hour teleconference on the condition. Listen to the teleconference recording here: Achromatopsia is a challenging inherited retinal disease causing extreme light sensitivity, as well as impaired visual acuity and color perception.

Achroma corporation series#

It is based at Pratteln, near Basel in Switzerland. It is being partially funded with preferred equity, of which Huntsman is taking up to $80 million, an amount SK Capital Partners will seek to syndicate prior to closing.Īrchroma was formed in 2013 and combines the legacy heritages of Sandoz, Hoechst, Clariant, BASF and Dohmen in textiles. The total enterprise value is about $718 million, including the assumption of approximately $125 million in net underfunded pension liabilities. Textile Effects had sales of $772 million and adjusted EBITDA of $94 million in the last financial year. Global head of Textile Competence Centers and Brand Studio Archroma.

genetic testing for the inherited retinal disease. Morgan, Lewis & Bockius LLP and Br & Karrer AG acted as.

show that only 58 percent of adults and 65 percent of children with achromatopsia have received. Archroma is SK Capitals fifth corporate carve-out of their seven portfolio companies. Closing is expected to take place in 1H 2023, subject to customary conditions and regulatory approval. Get Paul Cowells email address () and phone number (+65 9677. Results of a new global survey conducted by Achroma Corp. As had been widely anticipated, SK Capital Partners operation Archroma has entered into a definitive agreement to acquire the Singapore-based Textile Effects business of Huntsman.
