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Crispr Therapeutics begins dosing patients in Phase 1 trial for experimental type 1 diabetes treatment

Crispr Therapeutics begins dosing patients in Phase 1 trial for experimental type 1 diabetes treatment

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Shares of Crispr Therapeutics CRSP, +2.79% gained 3.1% in premarket trading on Wednesday after the company said the first patient had been dosed in a Phase 1 clinical trial evaluating the experimental type 1 diabetes treatment it developed with the privately held ViaCyte Inc. The investigational treatment uses ViaCyte’s stem cell-derived therapy in combination with Crispr’s gene-editing technology to generate pancreatic cells. Crispr’s stock has tumbled 61.0% over the past year, while the S&P 500 SPX, +0.69% has gained 20.4%.

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