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Eye examination

Normal Retina

Eye Test Light Box

Retina showing rods & cones

Retinal eye surgery

Timeline

October 2011
First patient to receive gene therapy for Choroideremia is treated by Prof Robert MacLaren at the University of Oxford in a Phase I/II study
January 2014
Initial meetings between University of Oxford, Prof. MacLaren and Syncona about the AAV2-REP1 gene therapy
January 2014
Preliminary results from the Phase I/II study published in the Lancet.
January 2014
Oxford University and Syncona found NightstaRx with a Series A subsequently expanded to $30m, Syncona partner Chris Hollowood appointed Chairman.
August 2014 to August 2015
Dave Fellows appointed as CEO and management team recruited including Chief Medical Officer and heads of manufacturing and regulatory.
June 2015 to November 2015
NightstaRx announces the start of AAV2-REP1 gene therapy studies in Miami, USA and Alberta, Canada
November 2015
Nightstar closes a Series B round raising $35M, and licenses a further 5 retinal dystrophies programmes from the University of Oxford
June 2017
Nightstar closes a Series C investment round raising $45 million investment round. Syncona contributes $12.5 million to retain a 46 per cent stake in the business
September 2017
Nightstar conducts a $75 million IPO on NASDAQ, the first public listing of a Syncona founded company, four years after company founding. Syncona contributes $14 million and retains a 43.4 per cent stake in the business

Company Details

Description

Gene therapy for inherited retinal dystrophies

Fully diluted ownership

42.2%

Value of Syncona holding

£174.6m (as at 29 September 2017)

Description

Nightstar is a clinical-stage gene therapy company focused on developing and commercializing novel one-time treatments for patients suffering from rare inherited retinal diseases that would otherwise progress to blindness

Nightstar’s most advanced programme is in clinical trials for the treatment of choroideremia, a rare disease which causes permanent loss of eyesight for which there is no treatment. Nightstar’s treatment would deliver a gene therapy by injection into the retina, providing a working copy of the disease-causing faulty gene locally in the eye. The disease modifying technology has the potential to maintain and restore sight in patients, from a single administration.

There are multiple inherited forms of blindness that are addressable with Nightstar’s gene therapy technology. Nightstar is building a pipeline of products based on its manufacturing, gene therapy and retinal surgery capability. Nightstar is listed on NASDAQ under the ticker ‘NITE’.

CEO

David Fellows

Syncona Representatives
  • Chris Hollowood
  • Iraj Ali
Founder
  • Robert MacLaren
“Working with Syncona has provided a partner capable of accelerating our research into becoming approved treatments for patients. I was impressed with Syncona’s plan and drive to build a company to develop multiple therapeutics for people suffering from debilitating retinal diseases.”

Robert MacLaren - Nightstar