Company Description
REGENXBIO Inc. (RGNX) stock represents an interest in a biotechnology company focused on the curative potential of gene therapy. According to company disclosures, REGENXBIO has been dedicated to adeno-associated virus (AAV) gene therapy since its founding in 2009 and has pioneered the field of AAV gene delivery. The company is advancing a late-stage pipeline of one-time gene therapies for rare diseases and retinal conditions, and trades on Nasdaq under the symbol RGNX.
Business focus and gene therapy platform
REGENXBIO describes its mission as improving lives through the curative potential of gene therapy. Its work centers on an AAV gene therapy platform that has been used to treat thousands of patients, including those receiving Novartis' ZOLGENSMA®. The company highlights its capabilities across capsid discovery and engineering, clinical development and commercial-ready manufacturing, and notes that it is one of the few gene therapy companies with fully in-house capabilities from early discovery through large-scale production.
The company emphasizes its NAV® AAV platform and proprietary NAVXpress® suspension-based manufacturing process. This process is described as high-yielding and commercial-ready, and is used at the REGENXBIO Manufacturing Innovation Center in Rockville, Maryland, to produce clinical and potential commercial supply of its investigational therapies.
Late-stage pipeline and key programs
REGENXBIO is advancing several late-stage, one-time gene therapy candidates for rare neuromuscular and neurodegenerative diseases and for retinal diseases:
- RGX-202 for Duchenne muscular dystrophy (Duchenne): An investigational gene therapy designed as a potential best-in-class treatment for Duchenne. RGX-202 uses a differentiated microdystrophin construct that encodes key regions of naturally occurring dystrophin, including the C-Terminal (CT) domain. The company reports that RGX-202 is designed to deliver and target expression of microdystrophin throughout skeletal and heart muscle using the NAV® AAV8 vector and a muscle-specific promoter (Spc5-12). Additional design features such as codon optimization are described as intended to improve gene expression, increase protein translation efficiency and reduce immunogenicity.
- Clemidsogene lanparvovec (RGX-121) for MPS II (Hunter syndrome): A potential first-in-class, one-time gene therapy for mucopolysaccharidosis II, also known as Hunter syndrome. REGENXBIO states that RGX-121 is being developed and potentially commercialized in partnership with Nippon Shinyaku and that it is intended to improve outcomes in patients with MPS II, including effects on biomarkers of brain disease.
- RGX-111 for MPS I: An investigational gene therapy for mucopolysaccharidosis I (MPS I), also in partnership with Nippon Shinyaku, focused on addressing this lysosomal storage disorder through AAV-mediated gene delivery.
- Surabgene lomparvovec (sura-vec, ABBV-RGX-314) for retinal disease: An investigational one-time gene therapy developed in collaboration with AbbVie for wet age-related macular degeneration (wet AMD), diabetic retinopathy (DR) and other chronic retinal conditions. Sura-vec consists of the NAV® AAV8 vector encoding an antibody fragment designed to inhibit vascular endothelial growth factor (VEGF). The company explains that sura-vec is believed to inhibit the VEGF pathway by which new, leaky blood vessels grow and contribute to fluid accumulation in the retina.
Therapeutic areas: rare disease and retinal conditions
Across its pipeline, REGENXBIO focuses on rare neuromuscular and neurodegenerative diseases and chronic retinal diseases. For Duchenne muscular dystrophy, the company is conducting the multi-center, open-label Phase I/II/III AFFINITY DUCHENNE® trial of RGX-202. The pivotal portion of this trial completed enrollment of 30 participants, and the company continues to enroll ambulatory patients aged 1 year and above in a confirmatory trial. In the Phase I/II portion, REGENXBIO reports that RGX-202 demonstrated consistent microdystrophin expression and functional improvement compared to natural history controls, with no serious adverse events or adverse events of special interest observed as of a specified data cutoff.
For MPS II, REGENXBIO describes clemidsogene lanparvovec (RGX-121) as a potential first gene therapy and one-time treatment for the condition. The company has submitted pivotal data to the U.S. Food and Drug Administration (FDA) in support of a Biologics License Application (BLA) under the accelerated approval pathway and has disclosed that the FDA extended the Prescription Drug User Fee Act (PDUFA) action date to February 8, 2026 to allow review of additional data.
In retinal disease, surabgene lomparvovec (sura-vec, ABBV-RGX-314) is being evaluated for wet AMD and diabetic retinopathy. REGENXBIO reports completion of enrollment of more than 1,200 participants in the ATMOSPHERE® and ASCENT® pivotal trials using subretinal delivery for wet AMD, which it describes as the largest global gene therapy program it has conducted. Sura-vec is also being evaluated using suprachoroidal delivery in the ALTITUDE® trial for diabetic retinopathy, with interim data presented at ophthalmology meetings.
Partnerships and collaborations
REGENXBIO has entered into collaborations with established pharmaceutical companies to advance and potentially commercialize its gene therapy candidates. For MPS II and MPS I, clemidsogene lanparvovec (RGX-121) and RGX-111 are being developed in partnership with Nippon Shinyaku, including its U.S. subsidiary NS Pharma. For retinal diseases, surabgene lomparvovec (ABBV-RGX-314, sura-vec) is being developed in collaboration with AbbVie.
An amendment to the collaboration and license agreement with AbbVie modified the development plan and milestone structure for the diabetic retinopathy program and added additional AbbVie-led investment in the wet AMD program. Under this amendment, REGENXBIO will conduct a combined Phase IIb/III trial for diabetic retinopathy using suprachoroidal delivery, while AbbVie will conduct a subsequent Phase III trial and lead a Phase IIIb ACHIEVE Study in neovascular AMD.
Manufacturing and in-house capabilities
REGENXBIO emphasizes that it is one of the only gene therapy companies with fully in-house capabilities from capsid engineering and discovery through commercial-ready manufacturing. The company manufactures RGX-202 and other investigational products at its Manufacturing Innovation Center in Rockville, Maryland, using its NAVXpress® suspension-based platform process. This process is described as high-yielding and capable of achieving high levels of full capsids for RGX-202. The company has produced the first batches of RGX-202 intended for commercial supply and has manufactured full clinical supply for its confirmatory trial.
Regulatory interactions and disclosure practices
As a U.S. public company, REGENXBIO files reports with the Securities and Exchange Commission (SEC), including current reports on Form 8-K. Recent 8-K filings have covered financial results, clinical and regulatory milestones and amendments to collaboration agreements. For example, the company filed an 8-K describing the FDA's extension of the PDUFA date for RGX-121 and another 8-K outlining the amendment to its collaboration and license agreement with AbbVie for the sura-vec programs.
RGNX stock and investor considerations
RGNX shares provide exposure to a biotechnology company focused on AAV gene therapy, with a late-stage pipeline targeting Duchenne muscular dystrophy, MPS II, MPS I and chronic retinal diseases such as wet AMD and diabetic retinopathy. Company communications highlight the potential of one-time gene therapies to change how these conditions are treated, the role of strategic partnerships in development and commercialization, and the importance of in-house manufacturing capabilities. Investors following RGNX often monitor clinical trial progress, regulatory milestones such as BLA submissions and PDUFA dates, and updates on collaborations with partners like AbbVie and Nippon Shinyaku, as disclosed in press releases and SEC filings.
Frequently asked questions about REGENXBIO Inc. (RGNX)
The following questions and answers summarize key points drawn from company statements and regulatory filings.