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Wall Street Analysts See a 357.36% Upside in Regenxbio (RGNX): Can the Stock Really Move This High?
ZACKS· 2025-01-24 15:55
Regenxbio (RGNX) closed the last trading session at $7.95, gaining 1% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $36.36 indicates a 357.4% upside potential.The average comprises 11 short-term price targets ranging from a low of $22 to a high of $52, with a standard deviation of $9.66. While the lowest estimate indicates an increase of 176.7% from the current price level, the m ...
REGENXBIO and Nippon Shinyaku Announce Exclusive Partnership to Develop and Commercialize RGX-121 and RGX-111 for MPS Diseases
Prnewswire· 2025-01-14 10:00
REGENXBIO to receive $110 million upfront, potential milestone payments of up to $700 million and meaningful double-digit royalties on net sales, and lead manufacturing Nippon Shinyaku to lead commercialization of first potential gene therapies for Mucopolysaccharidosis II (MPS II) and Mucopolysaccharidosis I (MPS I) in U.S. and Asia REGENXBIO retains rights to RGX-121 Priority Review Voucher (PRV) with potential accelerated approval expected in 2025; rolling BLA submission underway ROCKVILLE, Md., Jan. 1 ...
REGENXBIO INITIATES PIVOTAL PHASE OF AFFINITY DUCHENNE® TRIAL OF RGX-202 GENE THERAPY AND REPORTS POSITIVE FUNCTIONAL DATA
Prnewswire· 2024-11-18 12:05
Core Insights - REGENXBIO Inc. has achieved alignment with the FDA on the AFFINITY DUCHENNE® pivotal program for RGX-202, a gene therapy for Duchenne muscular dystrophy, with a Biologics License Application (BLA) expected in 2026 [1][2] - The pivotal trial has commenced, enrolling ambulatory patients aged 1 and above, with the first patient already dosed [1][2] - Positive Phase I/II data indicate that RGX-202 recipients are exceeding external natural history benchmarks for clinical outcomes, showing functional improvements at both dose levels [1][3][4] Functional Data - Positive functional results were reported from the first five participants in the Phase I/II trial, with 12-month data from three patients at dose level 1 and nine-month data from two patients at dose level 2 [3][4] - All five participants demonstrated stable or improved function on the North Star Ambulatory Assessment (NSAA) and timed function tests, outperforming external natural history controls [4][5] Pivotal Dose Functional Data - Participants at the pivotal dose level showed a mean NSAA score improvement of 5.5 points at nine months, exceeding external natural history controls [5] - Dose level 1 participants also demonstrated improved performance, surpassing minimal clinically important difference (MCID) benchmarks at 12 months [5] Biomarker Data - New biomarker data confirms high expression and localization of RGX-202 microdystrophin in muscle tissue, with levels reported as the highest across approved or investigational gene therapies [6][7] - RGX-202 microdystrophin expression results in ambulatory patients aged 8 and above show significant levels, indicating effective targeting of muscle [6][7] Safety and Tolerability Data - As of November 1, 2024, RGX-202 has shown a favorable safety profile with no serious adverse events or adverse events of special interest reported [7][8] - Common drug-related adverse events included nausea, vomiting, and fatigue, all of which resolved and are typical for gene therapy administration [7][8] Pivotal Study Design - The pivotal trial is designed to support a BLA submission using the accelerated approval pathway, with a primary endpoint focused on microdystrophin expression and secondary endpoints on functional tests [11][12] - The trial will evaluate approximately 30 ambulatory patients aged 1 and older, with specific assessments for younger patients [11][12]
REGENXBIO to Host Webcast Discussing Pivotal Program and First Functional Data from the AFFINITY DUCHENNE® Trial of RGX-202
Prnewswire· 2024-11-14 12:05
-       Event will feature Aravindhan Veerapandiyan, M.D., principal investigator of the AFFINITY DUCHENNE® trial and Michael Kelly, PhD, Chief Scientific Officer of CureDuchenneROCKVILLE, Md., Nov. 14, 2024 /PRNewswire/ -- REGENXBIO Inc. (Nasdaq: RGNX) today announced that it will host a webcast to discuss the AFFINITY DUCHENNE® pivotal program and new clinical data, including the first functional data from the ongoing Phase I/II study of RGX-202, the company's next-generation gene therapy for the treatmen ...
Regenxbio (RGNX) Reports Q3 Loss, Tops Revenue Estimates
ZACKS· 2024-11-07 00:00
Regenxbio (RGNX) came out with a quarterly loss of $1.17 per share versus the Zacks Consensus Estimate of a loss of $1.16. This compares to loss of $1.41 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -0.86%. A quarter ago, it was expected that this biotechnology company would post a loss of $1.29 per share when it actually produced a loss of $1.05, delivering a surprise of 18.60%.Over the last four quarters, the company has ...
REGENXBIO(RGNX) - 2024 Q3 - Quarterly Report
2024-11-06 21:15
Table of Contents Securities registered pursuant to Section 12(b) of the Act: UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ to ___ Commission File Number 001-37553 REGENXBIO Inc. (Exact Name of Re ...
REGENXBIO: With Additional MPS II Data, Program Advancement Remains On Track
Seeking Alpha· 2024-10-31 19:38
This article is published by Terry Chrisomalis, who runs the Biotech Analysis Central pharmaceutical service on Seeking Alpha Marketplace. If you like what you read here and would like to subscribe to, I'm currently offering a two-week free trial period for subscribers to take advantage of. My service offers a deep-dive analysis of many pharmaceutical companies. The Biotech Analysis Central SA marketplace is $49 per month, but for those who sign up for the yearly plan will be able to take advantage of a 33. ...
REGENXBIO Presents Positive Data from the Phase II Study of Subretinal ABBV-RGX-314 in Patients with Bilateral Wet AMD at AAO 2024
Prnewswire· 2024-10-21 11:05
97% reduction in treatment burden at nine months after treatment with ABBV-RGX-314Data consistent with that from multiple previous studies demonstrating favorable safety and efficacy profile Well tolerated with zero cases of intraocular inflammation in a setting of no prophylactic steroids Data highlight the potential of ABBV-RGX-314 to treat both eyes in wet AMD ROCKVILLE, Md., Oct. 21, 2024 /PRNewswire/ -- REGENXBIO Inc. (Nasdaq: RGNX) today announced positive data from the Phase II fellow eye sub-study e ...
REGENXBIO Announces Presentations at the American Academy of Ophthalmology 2024 Annual Meeting
Prnewswire· 2024-10-18 11:05
ROCKVILLE, Md., Oct. 18, 2024 /PRNewswire/ -- REGENXBIO Inc. (Nasdaq: RGNX) today announced that it will present new interim data evaluating subretinal delivery of ABBV-RGX-314 in patients with bilateral wet age-related macular degeneration (wet AMD) at the American Academy of Ophthalmology 2024 annual meeting. ABBV-RGX-314 is an investigational one-time AAV Therapeutic being developed in collaboration with AbbVie for the treatment of wet AMD, diabetic retinopathy and other additional chronic retinal condit ...
REGENXBIO to Participate in Chardan's 8th Annual Genetic Medicines Conference
Prnewswire· 2024-09-23 20:05
ROCKVILLE, Md., Sept. 23, 2024 /PRNewswire/ -- REGENXBIO Inc. (Nasdaq: RGNX) today announced it will participate in Chardan's 8th Annual Genetic Medicines Conference on Monday, September 30, 2024. Chardan's 8th Annual Genetic Medicines Conference Fireside Chat: Monday, September 30, 2024 at 8:30 a.m. ET Location: New York, NY A live webcast of the fireside chat can be accessed in the Investors section of REGENXBIO's website at www.regenxbio.com. An archived replay of the webcast will be available for approx ...