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Gene Therapy Co. Sangamo Gets Initial OK For $30M DIP

By Alex Wittenberg · June 24, 2026, 6:07 PM EDT

A Delaware bankruptcy judge on Wednesday granted interim approval of a $30 million Chapter 11 financing package for biotechnology company Sangamo Therapeutics Inc., funds that the debtor will use to support a...

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Bankruptcy Scorecard

Summary

Sangamo Therapeutics Inc. filed for bankruptcy protection in Delaware on Tuesday with offers to sell parts of its genetic therapy development programs to Eli Lilly and Co. and Astellas Pharma Inc.

Case Number

1:26-bk-10989

Judge

Craig Goldblatt

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$100 million to $500 million

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Related Sections

Case Information

Case Title

Sangamo Therapeutics, Inc.

Case Number

1:26-bk-10989

Court

Delaware

Nature of Suit

Date Filed

June 23, 2026

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