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Intellia Therapeutics (NTLA) has shared an update.
Intellia Therapeutics has decided to withdraw from its 2020 collaboration with Regeneron Pharmaceuticals on developing gene editing treatments targeting factor IX, a coagulation factor. This decision will conclude their shared funding and development responsibilities in six months, although Intellia will still support Regeneron under a previous 2016 agreement, which could yield up to $320 million in milestones and royalties for Intellia. This exit does not impact other ongoing collaborative projects between the two companies.
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