Global Adrenoleukodystrophy Drugs Market: Drivers
Adrenoleukodystrophy is a rare genetic disorder which is characterized by symptoms such as childhood onset of ALD, Addison disease, and adrenomyeloneuropathy. Therefore, depending upon symptoms, the type of an adrenoleukodystrophy drug have to be evaluated and treatment need to be prescribed accordingly. For instance, in May 2020, SwanBio Therapeutics, a developer of biological therapeutics, announced that they have raised US$ 52 million for advancement of their viral base gene therapy for adrenomyeloneuropathy. Funds were raised with the help of series A financing round. These factors are expected to drive growth of the global adrenoleukodystrophy drugs market.
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