Is Beacon Therapeutics A Future Phoenix From The Ashes Story?

With a platform of interesting preclinical assets and a Phase III-ready program from a collapsed biotech business, new company Beacon Therapeutics can claim unconventional origins. 

Older eye

Ophthalmic gene therapy company Beacon Therapeutics was launched in June 2023 with a £96m ($120m) series A financing. The company was created by VC firm Syncona Investment Management, which combined Applied Genetic Technologies Corporation’s late-stage program in X-linked retinitis pigmentosa (XLRP) with two preclinical programs.

Beacon represents the second attempt from the team that created Nightstar Therapeutics plc to see a gene therapy treatment...

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