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Avidity Biosciences, Inc. - $RNA STOCK NEWS

Welcome to our dedicated page for Avidity Biosciences news (Ticker: $RNA), a resource for investors and traders seeking the latest updates and insights on Avidity Biosciences stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Avidity Biosciences's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Avidity Biosciences, Inc. (Nasdaq: RNA) will participate in the BofA Securities 2024 Health Care Conference on May 15. The company focuses on RNA therapeutics known as Antibody Oligonucleotide Conjugates (AOCs™). The event will be live-streamed and archived on the company's website.

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Avidity Biosciences, Inc. (Nasdaq: RNA) has received FDA Breakthrough Therapy designation for delpacibart etedesiran (AOC 1001) for treating Myotonic Dystrophy Type 1. The company is starting a global Phase 3 HARBOR study for del-desiran this quarter. Data from MARINA-OLE showed reversal of disease progression in DM1 patients. Del-desiran aims to address the root cause of DM1, a fatal neuromuscular disease with no approved treatments.

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Avidity Biosciences, Inc. announces inducement grants under Nasdaq Listing Rule 5635(c)(4) to three new non-executive employees. The grants include 37,500 stock options and 18,750 restricted stock units, with an exercise price of $22.73 per share. The options and RSUs will vest over four years and are subject to employment conditions.
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Avidity Biosciences, Inc. (RNA) announced participation in upcoming conferences to discuss RNA therapeutics. Cantor Fitzgerald Virtual Muscular Dystrophy Symposium on April 3 and 23rd Annual Needham Virtual Healthcare Conference on April 10 will feature Avidity management. Live webcasts and event details will be available on the company's website.
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Avidity Biosciences, Inc. (RNA) granted non-qualified stock options and restricted stock units to new non-executive employees under the 2022 Inducement Plan. The options have an exercise price of $24.24 per share and will vest over four years, while the RSUs will vest in four equal installments on the first four anniversaries of the applicable vesting commencement date.
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Avidity Biosciences, Inc. (RNA) accelerates Phase 3 HARBOR study for del-desiran in DM1 patients after positive long-term data from MARINA-OLE trial. Del-desiran showed reversal of disease progression in myotonic dystrophy type 1 patients, with improvements in vHOT, muscle strength, and daily activities. Avidity to host investor event on March 4, 2024, to discuss the findings.
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Avidity Biosciences, Inc. (RNA) supports Rare Disease Day, emphasizing the importance of awareness for rare diseases. Avidity is dedicated to developing RNA therapeutics for rare muscle diseases. The company has three rare disease programs in clinical development: DM1, DMD44, and FSHD. Rare Disease Day aims to raise awareness globally and advocate for breakthrough therapies.
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Avidity Biosciences, Inc. (RNA) secures funding from various investors and plans to raise $400 million through a private placement. The company expects its cash reserves to last until late 2026. AOC 1001 data from MARINA-OLE™ will be presented at an investor event on March 4, 2024.
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Avidity Biosciences, Inc. (RNA) reported financial results for Q4 2023 and highlighted progress. They plan to initiate the global Phase 3 HARBOR™ trial for AOC 1001 for DM1, share data from clinical programs for FSHD and DMD44, and advance cardiology and skeletal muscle programs. Avidity is in a strong financial position with $595 million at the end of 2023 and a cash runway through 2025.
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Avidity Biosciences, Inc. (RNA) announces participation in upcoming healthcare conferences to discuss RNA therapeutics. The company will be present at TD Cowen 44th Annual Health Care Conference, Leerink Partners 2024 Global Biopharma Conference, and Barclays 26th Annual Global Healthcare Conference.
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Avidity Biosciences, Inc.

Nasdaq:RNA

RNA Rankings

RNA Stock Data

2.49B
67.97M
6.41%
85.5%
12.52%
Pharmaceutical Preparation Manufacturing
Manufacturing
Link
United States of America
SAN DIEGO

About RNA

avidity biosciences is pioneering a new class of precision medicines – antibody-sirna conjugates (asc™) – to deliver nucleic acid therapeutics against genetic drivers of disease. our ascs have drug-like properties similar to antibodies and antibody-drug conjugates. importantly, their unique sirna-based “payloads” permit selective targeting of disease-associated mrnas against virtually any target of interest. our leadership includes seasoned scientists and executives with deep expertise in the fields of antibody conjugation, chemistry, formulations, oligonucleotide therapeutics, drug delivery and cancer biology. our employees are high energy, creative people who are passionate about solving hard problems and bringing new drugs to patients. we strive to work with partners to discover best-in-class molecules with the goal of long-term, joint value creation. we have also attracted support from top-tier investors including f-prime capital, ecor1 capital, brace pharma and other sophisticated