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-0.00187546886721688 -0.00225056264066025 -0.00225056264066025 -0.000500125031257893 -0.000500125031257893 -0.0015003750937735 0.0015003750937735 0.000375093773443375
Stock impact report

Avidity (RNA) Up 33% on Rare Muscle Disease Study Results [Yahoo! Finance]

Avidity Biosciences, Inc. (RNA) 
Company Research Source: Yahoo! Finance
formerly AOC 1020) in facioscapulohumeral muscular dystrophy (FSHD), a rare genetic disease of the muscles. Data from the study showed that treatment with 2mg/kg dose of del-brax achieved greater than 50% mean reductions in DUX4 regulated genes for 12 patients at the four-month timepoint. The early data also showed trends of improving muscle strength and function in patients treated with this dosage. Though Aviditydid not reveal the details of patients who received a 4mg/kg dose of del-brax, it stated that all participants who received the drug achieved reductions greater than 20% in DUX4 regulated genes. Treatment with del-brax also exhibited a favorable safety and tolerability profile, with no serious adverse events and no discontinuations. Based on the above results, management now plans to accelerate the initiation of registrational cohorts in the FORTITUDE study. Shares of RNA were up 32.6% on Wednesday as investors cheered the results. The results show the potential of d Show less Read more
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