NEW YORK – Avance Biosciences said on Thursday that it has signed a licensing agreement with SeQure Dx for that firm's next-generation sequencing-based gene editing off-target analysis technology, GUIDE-seq.
Financial terms of the agreement were not disclosed.
GUIDE-seq, originally developed by Keith Joung's group at Massachusetts General Hospital and exclusively licensed by SeQure, is designed to assess the efficacy of genome editing tools such as CRISPR-Cas9.
Houston-based Avance said the licensing agreement would allow the company to support its clients' CRISPR-based therapeutic programs by offering a comprehensive gene editing on- and off-target analysis pipeline.
"We believe that this agreement will enable us to further expand our portfolio of NGS services that aid in the biological drug development process, especially for cell-based therapies utilizing CRISPR technologies,” Avance Cofounder and CEO Xuening Huang said in a statement.