"We are thrilled to announce our plans to stay rooted in
He added: "
With the new headquarters, Spark will expand its access to manufacturing capacity and rapidly accelerate its work to produce transformative treatments for patients affected by debilitating genetic diseases. Spark anticipates moving into its new headquarters later this year with plans to expand to 50 full-time employees by the end of 2014.
Recently named one of the most innovative startups by Nature Biotechnology and a newsworthy biotech startup by Xconomy, Spark is preparing to complete clinical development of its lead, Phase 3 clinical program to address inherited retinal dystrophies caused by mutations in the RPE65 gene, which has the potential to be the first approved gene therapy in the U.S. The company is also advancing a Phase 1/2 program in hemophilia B and preclinical programs to address neurodegenerative diseases and other inherited retinal dystrophies and hematologic disorders.
Spark joins hundreds of startups looking to transform the life sciences industry while leveraging all of the economic resources and talent available in the City of Brotherly Love, which was ranked number five on
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