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Stock impact report

Amicus Looks To Push Gene Therapy Pipeline After Latest Expanded Agreement [Seeking Alpha]

Amicus Therapeutics, Inc. (FOLD) 
Last amicus therapeutics, inc. earnings: 11/11 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.amicusrx.com/investor-relations
Company Research Source: Seeking Alpha
Amicus Looks To Push Gene Therapy Pipeline After Latest Expanded Agreement Summary Amicus expands license agreement deal with University of Pennsylvania to develop a host of gene therapies for rare diseases. The biotech is to pay each year for 5 years $10 million to UPENN to work on some of these gene therapy candidates, with the potential to license them. The 10 lysosomal storage disorders programs, upon regulatory approval, could end up generating $1 billion+ in annual recurring revenue. Amicus had cash of $438.3 million as of March 31, 2019, but chose to raise an additional $201 million in cash from a recently closed public offering. Amicus Therapeutics ( FOLD Partnership With UPENN To Move The Needle Many years ago, Amicus struggled to get Galafold through for FDA approval. The biotech was always focused on developing treatments for rare diseases, but it chose to go the gene therapy path. A major change for this type of a move was initiated back in October of 2018 when the biotech Show less Read more
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