RNA Stock Hits Record High on Entering the Cardiac Disease Space
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Avidity Biosciences' stock reached a record high as the company announced its expansion into the cardiac disease space with two new drugs targeting rare genetic cardiomyopathies.
November 14, 2024 | 3:00 pm
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Avidity Biosciences' stock surged to a record high following the announcement of its expansion into the cardiac disease space with two new drugs targeting rare genetic cardiomyopathies.
The announcement of new drugs targeting rare genetic cardiomyopathies is a significant development for Avidity Biosciences, likely driving investor optimism and pushing the stock to a record high. This expansion into a new therapeutic area could open up new revenue streams and enhance the company's growth prospects.
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