Kriya Announces Exclusive License and Col­lab­o­ra­tion Agreement with Everads to Advance Gene Therapies for Prevalent Diseases in Oph­thal­mol­o­gy Including Geographic Atrophy

– Everads’ next generation supra­choroidal delivery technology enables targeted drug delivery to the retina, which Kriya intends to use for multiple oph­thal­mol­o­gy gene therapy product candidates –

– Kriya is developing a one-time gene therapy designed to block complement C3 and C5, which are clinically validated substrates targeted by FDA approved therapies, to delay the progression of geographic atrophy –

– Kriya anticipates advancing its geographic atrophy gene therapy candidate into the clinic in 22024 –

PALO ALTO, Calif., and RESEARCH TRIANGLE PARK, NC — Sept. 27, 2023 — Kriya Ther­a­peu­tics, Inc. (“Kriya”), a bio­phar­ma­ceu­ti­cal company developing gene therapies for conditions affecting millions of people around the world, has entered into an exclusive license, col­lab­o­ra­tion and supply agreement with Everads Therapy, Ltd (“Everads”) to advance Kriya’s portfolio of gene therapies for retinal diseases using Everads’ supra­choroidal delivery device. Everads is a private biotech company that has developed a novel technology enabling targeted delivery of therapies to the retina via the supra­choroidal space, an anatomical compartment located between the sclera and choroid that traverses the cir­cum­fer­ence of the posterior segment of the eye. Supra­choroidal delivery is an emerging, non-surgical route of admin­is­tra­tion in oph­thal­mol­o­gy. Specif­i­cal­ly in delivery of gene therapy, this route of admin­is­tra­tion offers the potential to enhance the efficiency of gene therapy delivery to the retina while minimizing intraocular inflammation.

The transaction enables Kriya’s access to Everads’ supra­choroidal delivery technology to deliver multiple pre­spec­i­fied gene therapy product candidates for several ophthalmic diseases, including those involving the complement cascade. Dys­reg­u­la­tion of the complement system has been implicated in the patho­gen­e­sis and progression of geographic atrophy. Kriya’s approach is a one-time adeno-associated virus (AAV) gene therapy that drives the expression of a CR2-CR1 (complement receptor 2‑complement receptor 1) fusion protein that is designed to inhibit complement C3 and C5. These are also targeted by the first two FDA-approved treatments for geographic atrophy which require monthly or bi-monthly intraocular injections.

We are excited about the potential to advance a gene therapy that blocks both complement C3 and C5, which are validated biological targets for the treatment of geographic atrophy,” said Shankar Ramaswamy, M.D., Co-Founder and CEO of Kriya. Our col­lab­o­ra­tion with Everads aligns with our vision to implement next generation delivery tech­nolo­gies that can optimize AAV delivery to the eye via one-time admin­is­tra­tion, which has the potential to sub­stan­tial­ly reduce patient burden associated with repeated intrav­it­re­al injections or subretinal surgical approaches.”

We believe that our supra­choroidal delivery technology provides a potential leap forward for novel eye care therapies. Our proprietary, geo­met­ri­cal­ly-optimized non-sharp tissue separator opens a path into the supra­choroidal space, enabling a more convenient tangential injection that can support rapid and extensive drug dis­tri­b­u­tion,” said Moshe Weinstein, Executive Chair & CEO of Everads. We are excited to partner with Kriya to enable delivery of cutting-edge gene therapy via the supra­choroidal space that may ultimately improve the quality of life for patients with geographic atrophy.”

Kriya’s gene therapy candidate for geographic atrophy has the following potential benefits:

  • One-time AAV admin­is­tra­tion may sub­stan­tial­ly lower the patient burden imposed by currently approved treatments for geographic atrophy that require monthly or bimonthly intraocular injections – while also delivering multiyear efficacy in the setting of a progressive degen­er­a­tive disease;
  • Continuous expression of the CR2-CR1 fusion protein results in potent inhibition of the complement cascade by the CR1 domain designed to block C3 and C5, while also through the action of the CR2 domain, targeting this inhibition to the site of complement fragment deposition on damaged cell surfaces; and
  • Admin­is­tra­tion via the supra­choroidal space has the potential to maximize trans­duc­tion of retinal cells while minimizing inflam­ma­tion that can be associated with intrav­it­re­al and other routes of administration.

Geographic atrophy causes a debil­i­tat­ing loss of vision that can dra­mat­i­cal­ly impact the lives of patients — we are in dire need of effective and con­ve­nient­ly admin­is­tered therapies that slow or halt the progression of this disease,” said Quan Dong Nguyen, M.D., M.Sc., FARVO, FASRS, Professor of Oph­thal­mol­o­gy at the Byers Eye Institute, and Professor of Medicine and Professor of Pediatrics at Stanford University School of Medicine. I am quite optimistic and convinced that innovative therapies will continue to improve the lives of people with geographic atrophy and other serious ophthalmic diseases. A gene therapy targeting the C3 and C5 pathways delivered by a supra­choroidal injection may be a significant improvement in the treatment of geographic atrophy.”

About Geographic Atrophy (GA)

Geographic Atrophy is an advanced form of dry age-related macular degen­er­a­tion (dry AMD) and affects approx­i­mate­ly 1 million people in the United States. It is caused by the growth of lesions, which destroy the retinal cells responsible for vision, resulting in progressive and irre­versible vision loss. People suffering from geographic atrophy experience blind spots, impaired facial recognition, decreased reading and low light driving ability, severely impairing their inde­pen­dence and quality of life. Geographic atrophy accounts for 20% of cases of legal blindness in North America. (Sources: Rudnicka. Ophthalmol. 2012; Wong. Lancet Glob Health. 2014; Patel. Clin Opthalmol. 2020.)

About Kriya Therapeutics

Our mission is to rev­o­lu­tion­ize medicine, with the ultimate goal of eliminating human suffering and enabling people to live without the burden of disease. Kriya is a bio­phar­ma­ceu­ti­cal company developing gene therapies to address diseases affecting millions of people around the world. With operations in Palo Alto, California and Research Triangle Park, North Carolina, Kriya has raised over $600 million in committed capital, which will be used to advance a broad pipeline of gene therapies for oph­thal­mol­o­gy, neurology and metabolic disease. For more information, please visit www​.kriyatx​.com and follow us on LinkedIn and X (Formerly Twitter).

About Everads Therapy

Everads Therapy is a biotech company focused on optimizing treatment of retinal diseases using its proprietary supra­choroidal delivery technology. With the aim of overcoming challenges in current treatment method­olo­gies for retinal and macular diseases, Everads’ delivery platform offers the promise of improving the efficacy and safety of existing and potential drug therapies via supra­choroidal delivery. Everads has a number of col­lab­o­ra­tions in the areas of gene therapy, cell therapy, small molecule for­mu­la­tions and other modalities. Everads was spun out of DALI Medical Devices, a company spe­cial­iz­ing in development of injectable drug delivery tech­nolo­gies, and established within RAD Biomed, a leading biotech incubator in Israel. Everads’ underlying tech­nolo­gies were licensed from the Sheba Tel Hashomer Medical Center/​Sheba Impact. For more information, please visit www​.everads​-therapy​.com and follow us on LinkedIn.

Kriya Media Contact:

Kelli Perkins