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CRISPR Crashes After Study Highlights Potential Cancer Risk From Gene-Editing
zerohedge.com
Crispr Therapeutics led gene-editing stocks lower after new studies published by Nature Medicine found that cells whose genomes are edited with the CRISPR-Cas9 technology have the potential to cause cancer, Stat News reports.
Editing cells’ genomes with CRISPR-Cas9 might increase the risk that the altered cells, intended to treat disease, will trigger cancer, two studies published on Monday warn — a potential game-changer for the companies developing CRISPR-based therapies.
Crispr fell as much as 14%; Editas Medicine and Intellia Therapeutics dropped as much as 9.5%; Sangamo Therapeutics slipped as much as 4.3%
The findings come as Crispr is preparing to start its first clinical study in people in Europe in the second half of the year; the FDA has paused the company’s plans to do a similar trial in the U.S.
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