RBC Capital Downgrades Adverum Biotechnologies (ADVM) to Sector Perform
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April 28, 2021 5:45 PM EDT
Today's After-Hours Movers:
Adverum Biotechnologies, Inc. (Nasdaq: ADVM) 54% LOWER; announced a Suspected Unexpected Serious Adverse Reaction (SUSAR) of hypotony (clinically-relevant decrease in ocular pressure) in its INFINITY clinical trial evaluating ADVM-022 gene therapy for the treatment of diabetic macular edema (DME). This event occurred 30 weeks after randomization in one patient treated with a single intravitreal injection of the high dose (6 x 10^11 vg/eye) of ADVM-022 who has developed hypotony, with panuveitis and loss of vision in the treated eye.
Galera Therapeutics, Inc. (Nasdaq:... More
April 28, 2021 4:04 PM EDT
Adverum Biotechnologies, Inc. (Nasdaq: ADVM) announced a Suspected Unexpected Serious Adverse Reaction (SUSAR) of hypotony (clinically-relevant decrease in ocular pressure) in its INFINITY clinical trial evaluating ADVM-022 gene therapy for the treatment of diabetic macular edema (DME). This event occurred 30 weeks after randomization in one patient treated with a single intravitreal injection of the high dose (6 x 10^11 vg/eye) of ADVM-022 who has developed hypotony, with panuveitis and loss of vision in the treated eye.
In the interests of patient safety, Adverum has decided to immediately unmask the INFINITY Phase 2... More
April 28, 2021 4:02 PM EDT
Adverum Biotechnologies (NASDAQ: ADVM) Halted, News Pending
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