STOCK TITAN

Adverum Biotech - ADVM STOCK NEWS

Welcome to our dedicated page for Adverum Biotech news (Ticker: ADVM), a resource for investors and traders seeking the latest updates and insights on Adverum Biotech stock.

Adverum Biotechnologies, Inc. (NASDAQ: ADVM) is a clinical-stage gene therapy pioneer developing innovative treatments for ocular and rare diseases through its proprietary intravitreal platform. This resource provides investors and medical professionals with essential updates on the company's clinical trials, regulatory milestones, and strategic initiatives.

Access real-time information about ADVM's AAV-based therapies designed to reduce treatment burdens in conditions like wet AMD. The page aggregates official press releases, partnership announcements, and trial result disclosures - critical data for evaluating the company's progress in advancing durable single-dose therapies.

Key content includes updates on lead candidates like the wet AMD gene therapy program, manufacturing developments, and peer-reviewed research publications. Track progress across therapeutic areas including ophthalmology and rare genetic disorders through verified company communications.

Bookmark this page for streamlined access to ADVM's latest scientific advancements and corporate updates. Check regularly for new developments in their mission to transform chronic disease management through groundbreaking gene therapy approaches.

Rhea-AI Summary

Adverum Biotechnologies (Nasdaq: ADVM), a clinical-stage company focused on gene therapy for ocular diseases, announced its participation in TD Cowen’s Genetic Medicines & RNA Summit.

Laurent Fischer, M.D., the company's president and CEO, will engage in a fireside chat at the summit on June 21, 2024, at 10:00 a.m. ET.

The event will be webcasted live and accessible via Adverum's website under the Investors section, with a replay available for at least 30 days post-event.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.97%
Tags
conferences
-
Rhea-AI Summary

Adverum Biotechnologies announced the appointments of Dr. Rabia Gurses Ozden as Chief Medical Officer and Dr. Szilárd Kiss as a Board Member, effective June 11, 2024. Dr. Ozden, with over 20 years in ophthalmology drug development, transitions from the board to the executive team, bringing her expertise in clinical development and gene therapies. Dr. Kiss, an experienced retina specialist and gene therapy expert, will fill Ozden's vacated board seat. Their contributions are expected to advance Adverum's Ixo-vec gene therapy for wet AMD, particularly through the LUNA trial and pivotal studies.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.53%
Tags
management
-
Rhea-AI Summary

Adverum Biotechnologies, Inc. (Nasdaq: ADVM) reported Q1 2024 financial results and pipeline highlights, showcasing strong cash position, positive preliminary data from the LUNA trial, and upcoming milestones. The company presented a 26-week interim analysis at ASRS on Ixo-vec for wet AMD, with promising reduction in injections and good tolerability. Financially, the company's cash, cash equivalents, and short-term investments increased to $193.3 million, supporting operations into late 2025.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.23%
Tags
Rhea-AI Summary

Adverum Biotechnologies, Inc. (Nasdaq: ADVM) will participate in upcoming investor conferences in May 2024 to showcase its gene therapy for ocular diseases. The company will present at the 2024 RBC Global Healthcare Conference, BofA Securities 2024 Health Care Conference, and H.C. Wainwright 2nd Annual BioConnect Investor Conference. Investors can access the webcast on Adverum's website.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.3%
Tags
conferences
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.13%
Tags
conferences clinical trial
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.78%
Tags
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.51%
Tags
conferences
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
15.03%
Tags
conferences
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
34.51%
Tags
none

FAQ

What is the current stock price of Adverum Biotech (ADVM)?

The current stock price of Adverum Biotech (ADVM) is $3.33 as of May 1, 2025.

What is the market cap of Adverum Biotech (ADVM)?

The market cap of Adverum Biotech (ADVM) is approximately 59.5M.
Adverum Biotech

Nasdaq:ADVM

ADVM Rankings

ADVM Stock Data

59.54M
16.69M
12.81%
74.84%
7.18%
Biotechnology
Biological Products, (no Disgnostic Substances)
Link
United States
REDWOOD CITY