Avidity Biosciences, Inc. engages in the development of a new class of oligonucleotide-based therapies called Antibody Oligonucleotide Conjugates (AOC). The company is headquartered in San Diego, California and currently employs 391 full-time employees. The company went IPO on 2020-06-12. The firm is engaged in delivering a new class of ribonucleic acid (RNA) therapeutics called antibody oligonucleotide conjugates (AOCs). The AOCs are designed to combine the specificity of monoclonal antibodies with the precision of oligonucleotide therapies to address targets and diseases previously unreachable with existing RNA therapies. Its advancing and expanding pipeline has three programs in clinical development. The Del-desiran is designed to treat people with myotonic dystrophy type 1 (DM1) and is in the global Phase III HARBOR trial and in the ongoing MARINA-OLE trial in people with DM1. The Delpacibart braxlosiran is the first investigational therapy designed to directly target DUX4 in people living with facioscapulohumeral muscular dystrophy (FSHD). The Del-zota is designed for people with Duchenne muscular dystrophy (DMD) and is in development with the Phase II EXPLORE44 open-label extension (OLE) study.
Follow-Up Questions
Who is the CEO of Avidity Biosciences Inc?
Ms. Sarah Boyce is the President of Avidity Biosciences Inc, joining the firm since 2019.
What is the price performance of RNA stock?
The current price of RNA is $69.83, it has decreased 0% in the last trading day.
What are the primary business themes or industries for Avidity Biosciences Inc?
Avidity Biosciences Inc belongs to Biotechnology industry and the sector is Health Care
What is Avidity Biosciences Inc market cap?
Avidity Biosciences Inc's current market cap is $9.4B
Is Avidity Biosciences Inc a buy, sell, or hold?
According to wall street analysts, 17 analysts have made analyst ratings for Avidity Biosciences Inc, including 7 strong buy, 14 buy, 1 hold, 0 sell, and 7 strong sell
