GenSight Biologics

GenSight Biologics

SIGHT.PA
Paris, France· Est.
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SIGHT.PA · Stock Price

EUR 0.08-0.01 (-7.49%)
Market Cap: $22.1M

Historical price data

Market Cap: $22.1MPipeline: 3 drugs (3 Phase 3)Founded: 2012Employees: 16HQ: Paris, France

Overview

GenSight Biologics is a Paris-based gene therapy company focused on creating transformative treatments for severe inherited retinal and neurodegenerative diseases. Its mission is to translate advanced science into long-lasting, single-administration cures, with its most advanced candidate, Lumevoq (lenadogene nolparvovec), having completed Phase III trials for LHON. The company's strategy leverages two proprietary technology platforms—Mitochondrial Targeting Sequence (MTS) and an optogenetics system—to address unmet medical needs in ophthalmology and beyond, operating with a lean, experienced team to advance its pipeline.

OphthalmologyNeurodegenerative Diseases

Technology Platform

Two proprietary platforms: 1) Mitochondrial Targeting Sequence (MTS) for allotopic expression of mitochondrial genes to treat disorders like LHON; 2) An optogenetics platform combining AAV gene therapy (encoding channelrhodopsin) with wearable biomimetic goggles to restore light sensitivity in advanced retinal degeneration.

Pipeline

3
3 drugs in pipeline3 in Phase 3
DrugIndicationStageWatch
GS010Optic, Atrophy, Hereditary, LeberPhase 3
GS010Optic, Atrophy, Hereditary, LeberPhase 3
PlaceboLeber Hereditary Optic NeuropathyPhase 3

Funding History

3
Total raised:$180M
IPO$80M
Series B$60M
Series A$40M

Opportunities

A clear regulatory pathway and partnership for Lumevoq could unlock significant value in the near-term for a severe orphan disease.
Long-term, the GS030 optogenetics platform represents a groundbreaking, mutation-agnostic approach to end-stage blindness with potential applicability beyond RP.

Risk Factors

Severe financial constraints with a low market cap threaten the company's ability to fund ongoing operations and advance its pipeline.
The regulatory future of its lead asset, Lumevoq, remains uncertain, and its second program, GS030, carries high technical and clinical risk as a novel combination product.

Competitive Landscape

In LHON, Lumevoq's main competition is the symptomatic treatment Raxone, with other gene therapies in development. In optogenetics for RP, the field is nascent with few clinical competitors, but the approach competes conceptually with retinal implant devices. GenSight's platforms are highly differentiated but face validation hurdles.

Company Timeline

2012Founded

Founded in Paris, France

2014Series A

Series A: $40.0M

2016Series B

Series B: $60.0M

2018IPO

IPO — $80.0M