Viridian Therapeutics Inc Stock Price, News & Analysis

Viridian Therapeutics (VRDN) announced a successful pre-IND meeting with the FDA for its lead candidate, VRDN-001, targeting Thyroid Eye Disease (TED). The IND filing is expected in Q4 2021, with Phase 1/2 clinical data anticipated in Q2 2022. The company reported $109 million in cash and equivalents as of June 30, 2021, allowing operations to continue into 2024. R&D expenses rose to $12.6 million due to advancements in lead programs, while net loss increased to $18 million.

Viridian Therapeutics (Nasdaq: VRDN) announced that Jonathan Violin, Ph.D., and Barrett Katz, M.D., will participate in a panel presentation at the Wedbush PacGrow Healthcare Virtual Conference on August 11, 2021. The panel, titled TED Talk – State of Play in Thyroid Eye Disease, is scheduled for 1:45 p.m. ET. Webcast details can be found on the company’s website, and a replay will be available for 90 days after the live event. Viridian's lead program, VRDN-001, targets thyroid eye disease, an autoimmune condition affecting vision and causing significant patient discomfort.

Viridian Therapeutics (Nasdaq: VRDN) has appointed Kristian Humer as the new Chief Financial Officer and Chief Business Officer. Humer, with over 20 years of finance experience, will enhance the leadership team as they advance their investigational therapies pipeline, particularly focusing on Thyroid Eye Disease. An inducement grant of 360,000 shares will be awarded to Humer, vesting over four years. This strategic appointment aims to strengthen the company’s growth trajectory and address significant unmet medical needs in serious diseases.

Viridian Therapeutics (Nasdaq: VRDN) announced the appointment of Jennifer Moses, CPA, to its Board of Directors and as Chair of the Audit Committee. This strategic move aims to leverage her extensive financial and biotechnological expertise to support the company's clinical development initiatives for VRDN-001 and VRDN-002. CEO Jonathan Violin highlighted the importance of her leadership in enhancing financial oversight and advancing the company's commitment to providing new treatment options for patients suffering from Thyroid Eye Disease.

Viridian Therapeutics (Nasdaq: VRDN) announced an option grant to purchase 180,000 shares of common stock as an inducement for a new employee. This Inducement Grant, approved by a majority of the independent directors, is outside the company’s equity incentive plan but adheres to its terms. The exercise price is set at $17.20, matching the stock's closing price on July 6, 2021. The shares will vest over four years, with 25% vesting on the first anniversary, followed by monthly vesting. Viridian focuses on developing treatments for serious diseases, including TED, using monoclonal antibodies.

Viridian Therapeutics, Inc. (Nasdaq: VRDN), a biopharmaceutical company focused on innovative treatments for serious diseases, announced that its CEO, Jonathan Violin, Ph.D., will present at the Ladenburg Thalmann 2021 Healthcare Conference on July 14, 2021, at 9:00 a.m. ET. The event will be held virtually, and the presentation can be accessed through Viridian's website. The company is known for its monoclonal antibody program, VRDN-001, targeting Thyroid Eye Disease (TED), which causes significant discomfort and potential blindness.

Viridian Therapeutics (Nasdaq: VRDN) announced that Jonathan Violin, Ph.D., its CEO, will participate in a fireside chat at the JMP Securities Life Sciences Conference on June 17, 2021, at 2:30 p.m. ET. This virtual event will focus on the company’s advancements in biopharmaceuticals for serious diseases. Interested parties can access the webcast on Viridian's website, with a replay available for 90 days post-event. Viridian is developing VRDN-001, targeting the debilitating autoimmune disease TED, which can lead to vision impairment.

Viridian Therapeutics (Nasdaq: VRDN) announced that Jonathan Violin, Ph.D., its President and CEO, will present a company overview at the Oppenheimer Rare & Orphan Disease Summit on May 21 at 9:05 a.m. ET. He will also participate in a fireside chat at the Jefferies Virtual Healthcare Conference on June 1 at 11:30 a.m. ET. Both events will be accessible via webcasts on Viridian's website, with replays available for 90 days post-event. Viridian focuses on developing treatments for serious diseases, notably its anti-IGF-1R monoclonal antibody, VRDN-001, targeting Thyroid Eye Disease.

Viridian Therapeutics reported significant milestones in its thyroid eye disease (TED) programs VRDN-001 and VRDN-002. Both candidates are on track for IND filings in Q4 2021, with VRDN-001 showing promising preclinical data. As of March 31, 2021, the company had $117 million in cash, sufficient to fund operations into 2024. R&D expenses rose to $13.8 million due to advancing lead programs, while net losses increased to $18.5 million compared to last year.