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Stock impact report

Adverum Biotechnologies Reports First Quarter 2024 Financial Results and Provides Pipeline Highlights [Yahoo! Finance]

Adverum Biotechnologies, Inc. (ADVM) 
Last adverum biotechnologies, inc. earnings: 3/12 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: adverum.gcs-web.com/investor-overview
Company Research Source: Yahoo! Finance
- $193.3 million in cash, cash equivalents and short-term investments expected to fund operations into late 2025 REDWOOD CITY, Calif., May 09, 2024 (GLOBE NEWSWIRE) -- Adverum Biotechnologies, Inc. (Nasdaq: ADVM), a clinical-stage company pioneering the use of gene therapy as a new standard of care for highly prevalent ocular diseases, today reported financial results for the first quarter of 2024. The company also provided recent pipeline highlights. “Building upon our potentially best-in-class product profile at both the 2E11 and 6E10 doses of Ixo-vec and supported by the strong dataset from our first-in-human OPTIC trial, we are excited to present additional data from the LUNA trial at ASRS this summer,” stated Laurent Fischer, M.D., president and chief executive officer of Adverum Biotechnologies. “Our presentation will feature a 26-week landmark interim analysis, which is expected to serve as the basis of our FDA end-of-Phase 2 meeting. As the LUNA dataset matures, we look f Show less Read more
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