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ProQR Therapeutics N.V. (PRQR) Stock News, May-Jun 2020

PRQR NASDAQ

ProQR Therapeutics N.V. reports developments as a clinical-stage biopharmaceutical company built around its proprietary Axiomer™ RNA editing platform. The technology uses ADAR-mediated RNA editing to make single-nucleotide changes in RNA, with pipeline updates centered on AX-0810 and additional programs across rare and prevalent diseases with unmet need.

Recurring company news includes scientific conference presentations, investor and analyst events, clinical-program updates, development-candidate selections, AI-enabled discovery initiatives, and collaborations such as Ginkgo Bioworks and Eli Lilly. ProQR also reports annual operating and financial results, annual general meeting materials, board composition changes, and other governance matters tied to its Nasdaq-listed public-company profile.

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ProQR Therapeutics (Nasdaq: PRQR) announced the launch of its Expert Perspectives call series aimed at discussing topics related to its pipeline and platform. The inaugural call is scheduled for June 22, 2020, at 12 PM EDT, focusing on Usher syndrome and retinitis pigmentosa. It will feature discussions between ProQR's CMO, Aniz Girach, and Dr. Robert Koenekoop from McGill University, covering the investigational therapy QR-421a. Future calls will explore other related topics in genetic rare diseases, emphasizing the company's commitment to advancing RNA therapies.

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ProQR Therapeutics (Nasdaq: PRQR) announced a virtual presentation of data from its Phase 1/2 trial of sepofarsen, an RNA therapy for Leber congenital amaurosis 10. The presentation will be made available via ARVO on June 15, 2020, following the cancellation of the annual meeting due to COVID-19. Sepofarsen, designated as an orphan drug, aims to address the genetic mutation causing this rare form of blindness. The trial data, presented by Dr. Stephen R. Russell, will highlight the results of a novel treatment that restores normal function of the CEP290 gene.

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ProQR Therapeutics N.V. (NASDAQ: PRQR) announced its Annual General Meeting of Shareholders will be held on June 23, 2020, at 15:00 CET via videoconference. Shareholders can access all relevant documents, including the notice and agenda, on ProQR’s website and the SEC’s website. ProQR is focused on developing transformative RNA therapies for severe genetic rare diseases, leveraging its proprietary RNA repair platform technologies since 2012.

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ProQR Therapeutics reported promising interim results from the Phase 1/2 Stellar trial of QR-421a for Usher syndrome and non-syndromic retinitis pigmentosa, with plans for dose expansion and escalation. The company expects to provide updated sepofarsen data in H2 2020. As of March 31, 2020, ProQR held €98.1 million in cash, with a net loss of €16.1 million for Q1 2020. Research and development expenditures increased to €12.8 million, reflecting ongoing clinical trials amidst COVID-19 disruptions. ProQR anticipates sufficient funding to support operations into H2 2022.

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FAQ

What is the current stock price of ProQR Therapeutics (PRQR)?

ProQR Therapeutics (PRQR) last closed at $1.37.

What is the market cap of ProQR Therapeutics (PRQR)?

The market cap of ProQR Therapeutics (PRQR) is approximately $193.3M.