September 16, 2016 9:06am

Data shows it might be possible to achieve the same degree of CNV inhibition using an intra-vitreally delivered novel vector with an optimized AAV capsid, expression cassette, and anti-VEGF cDNA as the standard-of-care

 


 

Pre-clinical data demonstrated that a single intravitreal administration of ADVM-022 or ADVM-032 each had comparable efficacy in reducing grade IV CNV lesions to an intravitreal injection of standard-of-care anti-VEGF proteins.

To date additional pharmacokinetic studies of the vitreous and retinal tissue have shown durable anti-VEGF protein expression with therapeutic protein levels at least 20 weeks after a single intravitreal administration.

ADVM-022 & ADVM-032 both utilize a vector designed to allow for intravitreal rather than surgical sub-retinal delivery to potentially treat wet AMD as well as other retinal conditions associated with VEGF over-expression.

 

The Bottom Line: Observations at 26 weeks show a favorable safety profile.

  • Minimal vitreous inflammation not requiring steroid treatment was noted four to six weeks after injection but was resolved by week eight and did not recur.
  • No retinal structural changes or consequences of inflammation were detected on optical coherence tomography at 12 weeks after injection.

ADVM closed at $3.76 which was UP +$0.14 – looks like the upside was already built in?