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0.000362318840579724 -0.00700483091787438 -0.0137584541062801 -0.018599033816425 -0.0256038647342994 -0.0557028985507245 -0.0301932367149758 -0.00169082125603848
Stock impact report

Regenxbio to receive $370 mln upfront in gene therapy deal with AbbVie [Financial Post (Toronto, Ontario, Canada)]

REGENXBIO Inc. (RGNX) 
Last regenxbio inc. earnings: 2/26 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.regenxbio.com
Company Research Source: Financial Post
Shares of the Regenxbio, which could potentially receive up to $1.38 billion in milestone payments, jumped 26% to $41.75. 19 best online deals in the Canadian retail space right now Advertisement Regenxbio is currently testing RGX-314, administered under the retina, in a large trial as a one-time treatment for wet age-related macular degeneration (AMD). Wet AMD is a disorder that causes blurred vision. Advertisement Article content The company plans to start a second trial by the end of the year, which would support its U.S. marketing application in 2024. AbbVie acquired a range of U.S.-approved eye drugs through a $63 billion Allergan deal that closed last year. These include, Acular and Acuvail, which are used to treat inflammation following cataract surgery, and the Durysta implant to reduce eye pressure in patients with glaucoma. “We chose to partner with AbbVie, certainly due to their strength and their global commercialization reach and the fact that they have one Show less Read more
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