Why Is Sangamo Therapeutics (SGMO) Stock Up 52% Today?
SGMOSangamo Therapeutics(SGMO) Investor Place·2024-08-07 00:17

Sangamo Therapeutics (NASDAQ:SGMO) stock is rising higher on Tuesday after the clinical-stage genomic medicine company announced a new license agreement. Sangamo Therapeutics has signed a license agreement Genentech for the development of intravenously administered genomic medicines to treat "certain neurodegenerative diseases." That includes the company's proprietary zinc finger repressors for Alzheimer's disease. This agreement will see Sangamo handle technology transfer and some preclinical activities. G ...