AGTC Advances in AAV Gene Therapy Manufacturing to be Presented at the American Society of Gene & Cell Therapy 24th Annual Meeting

Rhea-AI Summary

Applied Genetic Technologies Corporation (Nasdaq: AGTC) announced the presentation of two abstracts at the virtual ASGCT 24th Annual Meeting, scheduled for May 11-14, 2021. The abstracts focus on retinal studies involving novel AAV vectors crucial for the X-linked retinitis pigmentosa (XLRP) clinical Phase 2/3 Vista study. Key presentations include:

• Title: Expression Assay Development for rAAV Vector Encoding RPGRco (Abstract 884)
• Title: Subretinal Rd9 Mouse Study Comparing RPGR Expression (Abstract 806)

AGTC specializes in gene therapies for rare diseases.

Positive

• Presentation of two abstracts provides visibility and credibility in the gene therapy field.
• Focus on crucial retinal studies may enhance AGTC's pipeline and attract investor interest.
• Partnerships with companies like Otonomy and Bionic Sight could stimulate further growth opportunities.

Negative

• None.

GAINESVILLE, Fla. and CAMBRIDGE, Mass., May 04, 2021 (GLOBE NEWSWIRE) -- Applied Genetic Technologies Corporation (Nasdaq: AGTC), a biotechnology company conducting human clinical trials of adeno-associated virus (AAV)-based gene therapies for the treatment of rare diseases, today announced the presentation of two abstracts at the upcoming American Society of Gene & Cell Therapy (ASGCT) 24th Annual Meeting. The abstracts report new data from research-stage retinal studies of novel AAV vectors to support clinical phase product release for the X-linked retinitis pigmentosa (XLRP) clinical Phase 2/3 Vista study and manufacturing process improvements for future clinical trials. The ASGCT Annual Meeting is being held virtually May 11-14, 2021.

Presentation Details

Title: Expression Assay Development for rAAV Vector Encoding Retinitis Pigmentosa GTPase Regulator (RPGRco)
Presentation Type: Digital Poster
Date & Time: Tuesday, May 11, 8:00 AM EDT
Abstract Number: 884

Title: Subretinal Rd9 Mouse Study to Compare RPGR Expression Pre- and Post-Manufacturing Process Improvements
Presentation Type: Digital Poster
Date & Time: Tuesday, May 11, 8:00 AM EDT
Abstract Number: 806

Abstracts for the presentations can be viewed online at: https://annualmeeting.asgct.org/.

About AGTC
AGTC is a clinical-stage biotechnology company developing genetic therapies for people with rare and debilitating ophthalmic, otologic and central nervous system (CNS) diseases. AGTC is a leader in designing and constructing all critical gene therapy elements and bringing them together to develop customized therapies that address real patient needs. AGTC’s most advanced clinical programs leverage its best-in-class technology platform to potentially improve vision for patients with an inherited retinal disease. AGTC has active clinical trials in X-linked retinitis pigmentosa (XLRP) and achromatopsia (ACHM CNGB3 and ACHM CNGA3). Its preclinical programs build on the Company’s industry leading AAV manufacturing technology and scientific expertise. AGTC is advancing multiple important pipeline candidates to address substantial unmet clinical need in optogenetics, otology and CNS disorders. In recent years AGTC has entered into strategic partnerships with companies including Otonomy, a biopharmaceutical company dedicated to the development of innovative therapeutics for neurotology, and Bionic Sight, an innovator in the emerging field of optogenetics and retinal coding. 

IR/PR CONTACTS: 
David Carey (IR) or Glenn Silver (PR)
Lazar FINN Partners
T: (212) 867-1768 or (646) 871-8485
david.carey@finnpartners.com or glenn.silver@finnpartners.com

Corporate Contacts:
Bill Sullivan
Chief Financial Officer
Applied Genetic Technologies Corporation
T: (617) 843-5728
bsullivan@agtc.com

Stephen Potter
Chief Business Officer
Applied Genetic Technologies Corporation
T: (617) 413-2754
spotter@agtc.com

FAQ

What is the significance of AGTC's presentations at the ASGCT Annual Meeting 2021?

AGTC's presentations are significant as they showcase novel AAV vectors aimed at advancing their pipeline for X-linked retinitis pigmentosa, potentially impacting investor confidence and clinical data reputation.

When will AGTC present their abstracts at the ASGCT Annual Meeting?

AGTC will present their abstracts on May 11, 2021, at 8:00 AM EDT.

What are the titles of AGTC's abstracts at the ASGCT meeting?

The titles are 'Expression Assay Development for rAAV Vector Encoding RPGRco' and 'Subretinal Rd9 Mouse Study Comparing RPGR Expression Pre- and Post-Manufacturing Process Improvements'.

How might AGTC's presentations affect its stock performance?

The presentations might positively affect AGTC's stock performance by increasing investor interest and confidence in the company's product pipeline and clinical trials.