Adverum Biotechnologies To Present LUNA 26-Week Phase 2 Interim Analysis At The ASRS Annual Scientific Meeting
Portfolio Pulse from Benzinga Newsdesk
Adverum Biotechnologies, Inc. (NASDAQ:ADVM) announced it will present 26-week interim analysis from its LUNA Phase 2 study of ixoberogene soroparvovec for wet AMD at the ASRS Annual Scientific Meeting in Stockholm, Sweden, on July 17, 2024. The presentation will focus on the gene therapy's effectiveness in treating wet age-related macular degeneration.
April 25, 2024 | 8:40 pm
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Adverum Biotechnologies will present key interim results from its Phase 2 study on ixoberogene soroparvovec, a potential treatment for wet AMD, at the ASRS meeting.
The presentation of positive interim results from a Phase 2 study typically generates optimism among investors, potentially leading to a positive short-term impact on the company's stock price. Given the significance of ixoberogene soroparvovec for Adverum's pipeline and its potential market in treating wet AMD, these results could be particularly impactful. However, the actual impact will depend on the details and perceived success of the interim analysis presented.
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