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Taysha Gene Therapies, Inc. - TSHA STOCK NEWS

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Taysha Gene Therapies, Inc. (Nasdaq: TSHA) is a pioneering clinical-stage biotechnology company headquartered in Dallas, Texas. Founded in 2019, Taysha is dedicated to developing and commercializing transformative gene therapies using adeno-associated viruses (AAV) to treat severe monogenic diseases of the central nervous system (CNS).

Taysha focuses on eradicating monogenic CNS diseases, addressing severe unmet medical needs, and dramatically improving the lives of patients and their caregivers. With a robust pipeline, including leading clinical program TSHA-102, the company aims to develop curative medicines. TSHA-102, currently in clinical evaluation for Rett syndrome, employs miRNA-Responsive Auto-Regulatory Element (miRARE) technology to deliver a functional MECP2 gene, aiming to mediate MECP2 levels in the CNS without the risk of overexpression.

Rett syndrome is a rare neurodevelopmental disorder caused by mutations in the MECP2 gene, leading to severe intellectual disabilities and various neurological impairments. TSHA-102 has received multiple designations, including Fast Track, Orphan Drug, and Rare Pediatric Disease from the FDA, and Orphan Drug designation from the European Commission, underscoring its potential to address significant medical needs.

Taysha has also made strategic advances with its partnerships, particularly with the University of Texas Southwestern Medical Center. This collaboration focuses on developing and commercializing AAV-based gene therapies, leveraging Taysha's integrated platform and the university's Gene Therapy Program.

Recently, Taysha achieved numerous milestones, including significant updates to the TSHA-102 program. The Independent Data Monitoring Committee (IDMC) approved dose escalation in the REVEAL Phase 1/2 trials, indicating promising initial safety and efficacy data. Taysha also expanded these trials into the United States, enhancing their ability to evaluate TSHA-102 across broader patient demographics.

Furthermore, Taysha terminated an existing loan agreement and entered a new one to facilitate the transfer of intellectual property (IP) for several programs to third parties. This strategic move extended their cash runway into 2026, demonstrating financial prudence and long-term planning.

The company is actively progressing clinical trials for TSHA-102, including both adolescent/adult and pediatric cohorts, which are crucial for regulatory and clinical development. Taysha's focus on innovative gene therapy solutions, combined with a patient-centric approach, positions it as a significant player in the biotech landscape.

For continuous updates and detailed information, visit the company’s website at www.tayshagtx.com.

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Taysha Gene Therapies (Nasdaq: TSHA) and UT Southwestern Medical Center have launched an innovation fund aimed at developing gene therapies for monogenic diseases affecting the central nervous system. This partnership will enhance UTSW's research capabilities and allow Taysha to have exclusive options on new programs and intellectual property. The collaboration has already produced 18 novel product candidates, including TSHA-101 and TSHA-118, which are now in clinical trials. The focus remains on accelerating the discovery of novel therapies to address unmet medical needs.

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Taysha Gene Therapies (NASDAQ: TSHA) has announced a multi-year collaboration with AllStripes to advance TSHA-104, an AAV9-based gene therapy for SURF1-associated Leigh syndrome. The partnership will utilize AllStripes’ clinical database to enhance understanding of the disease's natural history and progression, targeting an Investigational New Drug application for 2021. TSHA-104 aims to address a critical unmet medical need, as there are currently no approved treatments for this severe neurological disorder, which typically presents in infancy and can be fatal within a few years.

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Taysha Gene Therapies (Nasdaq: TSHA) has announced key leadership changes with the appointments of Greg Gara as Senior Vice President of Manufacturing and Kimberly Lee, D.O., as Senior Vice President of Corporate Communications and Investor Relations. Gara brings over 25 years of experience in biotechnology manufacturing, previously serving at Sarepta and AveXis. Dr. Lee offers over 20 years in corporate finance and communications, previously at Lexicon Pharmaceuticals. These appointments aim to enhance Taysha's mission to develop transformative gene therapies for central nervous system diseases.

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Taysha Gene Therapies (Nasdaq: TSHA) announced that Queen’s University in Ontario has received Clinical Trial Application approval from Health Canada for the Phase 1/2 trial of TSHA-101, an AAV9-based gene therapy for infantile GM2 gangliosidosis. This trial marks TSHA-101 as the first bicistronic vector entering first-in-human studies. GM2 gangliosidosis is a fatal genetic disorder with no approved treatments, making this a pivotal moment for affected children.

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Taysha Gene Therapies (Nasdaq: TSHA) has signed a lease for a 187,000-square-foot cGMP manufacturing facility in Durham, North Carolina. The company plans to invest $75 million and create 200 jobs over the next two and a half years. This facility will enhance their capabilities for producing gene therapies to meet clinical and commercial demand and is expected to be fully operational by 2023. Moreover, Taysha will receive up to $9.4 million in state and local incentives. This strategic move supports their growth plans and aims to accelerate the delivery of transformative treatments.

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Taysha Gene Therapies (Nasdaq: TSHA) announced its inclusion in the Russell 2000® Index, effective December 21, 2020. This index measures the performance of small-cap U.S. equities and reflects approximately 10% of the total market capitalization of the Russell 3000® Index. With around $9 trillion in assets benchmarked against Russell indexes, this move is significant for Taysha as it enhances visibility among investors. The company focuses on developing AAV-based gene therapies for treating monogenic diseases of the central nervous system, aiming for rapid treatment translation from bench to bedside.

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Taysha Gene Therapies (Nasdaq: TSHA) has received rare pediatric disease and orphan drug designations from the FDA for TSHA-103, a gene therapy targeting SLC6A1-related epilepsy. This recognition highlights the urgent need for therapies for this severe genetic disorder affecting children. The company emphasizes the significance of TSHA-103 in addressing unmet medical needs and plans to continue advancing its gene therapy pipeline. These designations could also lead to benefits such as priority review vouchers and market exclusivity for up to seven years after approval.

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Taysha Gene Therapies (Nasdaq: TSHA) appointed Dr. Kathy Reape and Dr. Laura Sepp-Lorenzino to its board of directors. Both bring extensive experience in gene therapy, with Dr. Reape previously serving as Chief Medical Officer at Spark Therapeutics, where she contributed to the development of LUXTURNA®, the first FDA-approved in vivo gene therapy. Dr. Sepp-Lorenzino is currently Chief Scientific Officer at Intellia Therapeutics. Their expertise is expected to bolster Taysha's development of AAV-based gene therapies for central nervous system diseases, aiming to advance therapies for conditions with limited treatment options.

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Taysha Gene Therapies, a gene therapy company focused on central nervous system diseases, reported financial results for Q3 2020. The company raised over $275 million through its Series B financing and IPO, enhancing its capabilities across 18 gene therapy programs. Significant advancements include securing FDA designations for TSHA-101 (for GM2 gangliosidosis) and TSHA-102 (for Rett syndrome), along with plans for clinical trials. Taysha also strengthened manufacturing partnerships and anticipates tripling its workforce by year-end 2020.

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Taysha Gene Therapies Inc. (Nasdaq: TSHA) has received rare pediatric disease and orphan drug designations from the FDA for its gene therapy TSHA-104, which targets SURF1-associated Leigh syndrome. This designation is expected to facilitate the company’s collaboration with the FDA as it prepares to submit an Investigational New Drug (IND) application in 2021. Leigh syndrome is a severe neurological disorder usually diagnosed in infancy. Taysha aims to accelerate its gene therapy pipeline, having previously secured similar designations for other programs, enhancing its potential marketability.

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FAQ

What is the current stock price of Taysha Gene Therapies (TSHA)?

The current stock price of Taysha Gene Therapies (TSHA) is $1.85 as of December 20, 2024.

What is the market cap of Taysha Gene Therapies (TSHA)?

The market cap of Taysha Gene Therapies (TSHA) is approximately 379.1M.

What does Taysha Gene Therapies, Inc. specialize in?

Taysha Gene Therapies specializes in developing and commercializing adeno-associated virus (AAV)-based gene therapies for severe monogenic diseases of the central nervous system (CNS).

What is TSHA-102?

TSHA-102 is Taysha's lead clinical program, an AAV9 gene transfer therapy designed to treat Rett syndrome by delivering a functional form of the MECP2 gene.

What recent achievements has Taysha Gene Therapies accomplished?

Taysha recently received RMAT designation for TSHA-102 and IDMC approval for dose escalation in clinical trials. They also extended their cash runway into 2026 with a new loan agreement.

What are the main focuses of Taysha's clinical trials?

Taysha's clinical trials focus on evaluating the safety and efficacy of TSHA-102 in treating Rett syndrome across different age groups, including both adolescent/adult and pediatric cohorts.

What designations has TSHA-102 received from regulatory bodies?

TSHA-102 has received Fast Track, Orphan Drug, and Rare Pediatric Disease designations from the FDA, and Orphan Drug designation from the European Commission.

What strategic partnerships does Taysha Gene Therapies have?

Taysha has a strategic partnership with the University of Texas Southwestern Medical Center to develop and commercialize transformative gene therapy treatments.

How is Taysha addressing financial stability?

Taysha entered a new loan agreement, facilitating IP transfers for deprioritized programs and extending their cash runway into 2026.

What is the significance of the miRARE technology used in TSHA-102?

The miRARE technology in TSHA-102 helps mediate MECP2 levels in the CNS on a cell-by-cell basis, reducing the risk of overexpression.

Where can I find more information about Taysha Gene Therapies?

More information is available on Taysha's official website at www.tayshagtx.com.

Who can I contact for investor relations at Taysha Gene Therapies?

For investor relations inquiries, you can contact Hayleigh Collins, Director, Head of Corporate Communications and Investor Relations, at hcollins@tayshagtx.com.

Taysha Gene Therapies, Inc.

Nasdaq:TSHA

TSHA Rankings

TSHA Stock Data

379.15M
168.95M
17.54%
77.2%
7.69%
Biotechnology
Biological Products, (no Disgnostic Substances)
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United States of America
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