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REGENXBIO Announces Presentations at the American Academy of Ophthalmology 2023 Annual Meeting

Key Takeaway: REGENXBIO Inc. has announced that it will be presenting new data on ABBV-RGX-314 at the American Academy of Ophthalmology (AAO) 2023 Annual Meeting in San Francisco, scheduled from November 3-6, 2023. The data will focus on the investigational gene therapy for the treatment of wet age-related macular degeneration and diabetic retinopathy. Notable presenters include Dr. Mark Barakat and Dr. Arshad Khanani, who will share results on the suprachoroidal delivery method. A conference call is also planned for November 6, 2023, to discuss these findings further.
Price reaction · baseline $14.38 (2023-10-27 close) · 1 other RGNX headline(s) in the window, move may be shared
day 0 close
-0.1%

Market Sentiment Analysis

POSITIVE FACTORS

  • Presentation of new data for ABBV-RGX-314 at a major meeting.
  • Collaboration with AbbVie for the treatment of eye conditions.
  • Opportunity for engagement through a conference call to discuss results.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+101%
120-day peak, hindsight
Typical move
8.4%
average across 5 past catalysts
Lead asset
RGX-202
Phase 2 · Duchenne Muscular Dystrophy

Full Press Release Details

ROCKVILLE, Md., Oct. 30, 2023 /PRNewswire/ -- REGENXBIO Inc. (Nasdaq: RGNX) today announced presentations at the American Academy of Ophthalmology (AAO) 2023 Annual Meeting being held November 3-6, 2023 in San Francisco, CA. The presentations will highlight new data for ABBV-RGX-314, an investigational one-time AAV Therapeutic being developed in collaboration with AbbVie for the treatment of wet age-related macular degeneration (wet AMD), diabetic retinopathy (DR) and other additional chronic retinal conditions.
Title: ALTITUDE®: Suprachoroidal Delivery of ABBV-RGX-314 investigational Gene Therapy for Diabetic Retinopathy; Dose Level 1 and 2: 1-Year Results
Presenter: Mark Barakat, M.D., Retinal Consultants of Arizona
Section VIII: Late breaking Developments, Part I
Date/Time: Friday, November 3, 2023, 3:53 – 3:58 p.m. PT
This data will also be presented by Arshad Khanani M.D., M.A., FASRS, Director of Clinical Research at Sierra Eye Associates, Reno, NV on Sunday, November 5, 2023, 4:09 – 4:16 p.m. PT.
REGENXBIO will host a conference call Monday, November 6, 2023 at 8:30 a.m. EST with Dr. Barakat and Dr. Peter Kaiser, Chaney Family Endowed Chair in Ophthalmology Research and Professor of Ophthalmology, Cleveland Clinic Lerner College of Medicine and Cole Eye Institute, to discuss these results and the ABBV-RGX-314 program.
Conference call details
Listeners can register for the webcast via this link. Analysts wishing to participate in the question and answer session should use this link. A copy of the slides being presented will be available via the Company's investor website. Those who plan on participating are advised to join 15 minutes prior to the start time. A replay of the webcast will also be available via the Company's investor website approximately two hours after the call's conclusion.
About REGENXBIO Inc.
REGENXBIO is a leading clinical-stage biotechnology company seeking to improve lives through the curative potential of gene therapy. REGENXBIO's NAV Technology Platform, a proprietary adeno-associated virus (AAV) gene delivery platform, consists of exclusive rights to more than 100 novel AAV vectors, including AAV7, AAV8 and AAV9. REGENXBIO and its third-party NAV Technology Platform Licensees are applying the NAV Technology Platform in the development of a broad pipeline of candidates, including late-stage and commercial programs, in multiple therapeutic areas. REGENXBIO is committed to a "5x'25" strategy to progress five AAV Therapeutics from our internal pipeline and licensed programs into pivotal-stage or commercial products by 2025.

Frequently Asked Questions

What is ABBV-RGX-314?

ABBV-RGX-314 is an investigational gene therapy for treating wet AMD and diabetic retinopathy.

When are the presentations on ABBV-RGX-314?

Presentations will occur from November 3 to 6, 2023, at the AAO Annual Meeting.

Who will present the new data on ABBV-RGX-314?

Mark Barakat, M.D., and Arshad Khanani, M.D., will present the data at the meeting.

When is REGENXBIO's conference call?

The conference call is scheduled for November 6, 2023, at 8:30 a.m. EST.

What is REGENXBIO's NAV Technology Platform?

It is a proprietary gene delivery platform with over 100 novel AAV vectors for treatments.

Last updated: Oct 30, 2023