ClearPoint Neuro raises $35M for gene therapy delivery navigation expansion
Summary
Irvine-based ClearPoint Neuro secured $35M from Northpond Ventures and OrbiMed to expand their MRI-guided neurosurgery platform into gene therapy and cell therapy delivery navigation. ClearPoint's SmartFrame system is now being used by 15 gene therapy companies for CNS delivery, and the round funds development of a real-time therapy distribution monitoring capability using gadolinium convection tracking.
Why it matters
Gene therapy for CNS conditions requires millimeter-accurate delivery to target nuclei โ exactly what ClearPoint's MRI-guided platform provides. With 15 gene therapy company partnerships, ClearPoint is becoming the de facto delivery platform for the entire CNS gene therapy sector, an enviable and durable commercial position.
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