REGENXBIO nabs $100M license payment on Novartis takeover of AveXis [Seeking Alpha]
REGENXBIO Inc. (RGNX)
Last regenxbio inc. earnings: 2/26 04:05 pm
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Source: Seeking Alpha
REGENXBIO nabs $100M license payment on Novartis takeover of AveXisREGENXBIO (NASDAQ:RGNX) hasreceived a $100M accelerated license payment from AveXis triggered by its acquisition by Novartis (NYSE:NVS). The payment consisted of $60M in annual fees and a commercial milestone of $40M, per its agreement with AveXis aimed at the development and commercialization of products to treat spinal muscular atrophy (SMA).Novartis now owns the exclusive rights to the NAV Technology Platform for SMA treatments based on RGNX's NAV AAV9 vector.Click to subscribe to real-time analytics on NVSNow read:REGENXBIO: An Underappreciated Leader In Gene Editing »
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RGNX
News
- REGENXBIO Inc.'s (NASDAQ:RGNX) recent 7.9% pullback adds to one-year year losses, institutional owners may take drastic measures [Yahoo! Finance]Yahoo! Finance
- REGENXBIO Inc. (NASDAQ: RGNX) had its "buy" rating re-affirmed by analysts at Stifel Nicolaus. They now have a $40.00 price target on the stock.MarketBeat
- REGENXBIO Inc. (NASDAQ: RGNX) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- REGENXBIO Inc. (NASDAQ: RGNX) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- REGENXBIO Sees Positive Results For Macular Degeneration Therapy [Yahoo! Finance]Yahoo! Finance
RGNX
Earnings
- 2/27/24 - Miss
RGNX
Sec Filings
- 4/17/24 - Form 4
- 4/4/24 - Form ARS
- 4/4/24 - Form DEFA14A
- RGNX's page on the SEC website