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AVROBIO, Inc. - AVRO STOCK NEWS

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

AVROBIO, Inc. (AVRO) is a clinical-stage biopharmaceutical company pioneering gene and cell therapies for rare diseases and cancer. This page aggregates official announcements, clinical trial updates, and strategic developments critical to understanding the company's progress.

Investors and researchers will find verified updates on therapy pipelines, regulatory milestones, and scientific collaborations. Content spans phase trial results, manufacturing advancements, and partnership announcements, providing a holistic view of AVROBIO's position in the gene therapy landscape.

All materials are sourced from company filings and accredited industry publications. Bookmark this page for streamlined access to AVROBIO's latest developments, or subscribe for real-time updates on groundbreaking therapeutic innovations.

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Tectonic Therapeutic has appointed Daniel Lochner as its new Chief Financial Officer (CFO). Dan brings extensive experience in corporate finance, business strategy, and operations, particularly within the healthcare and biopharmaceutical industries. He has held significant roles at Viatris’ Eye Care Division and Oyster Point Pharma, as well as serving as a Managing Director and Equity Portfolio Manager at Goldman Sachs. Dan's appointment coincides with Tectonic's focus on developing GPCR-targeted therapeutic proteins. The outgoing CFO, Christian Cortis, will stay until early July to ensure a smooth transition and will later serve as a strategic advisor. Tectonic is also set to complete its merger with AVROBIO by the end of the month.

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Tectonic Therapeutic, Inc. initiates enrollment in Phase 1B study for TX45, a potential therapy for Group 2 Pulmonary Hypertension with HFpEF. The study aims to evaluate safety, hemodynamic effects, and potential as a best-in-class therapy. TX45's promising Phase 1A data suggests significant therapeutic potential.
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Tectonic Therapeutic, Inc., a biotech company developing GPCR-targeted therapeutic proteins, announced CEO Alise Reicin's participation in two investor conferences in March 2022.
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AVROBIO and Tectonic Therapeutic have entered into a definitive merger agreement, creating a Nasdaq-listed, clinical-stage biopharmaceutical company focused on advancing Tectonic’s novel GPCR-targeted therapeutic proteins. The combined company is expected to have approximately $165 million in cash and cash equivalents at close, with $130.7 million in private financing commitments. The funding will advance lead asset TX45 through multiple clinical data catalysts, addressing indications with high unmet need and no approved therapies. The merger is expected to close in the second quarter of 2024.
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AVROBIO, Inc. has completed a review of its business and has decided to halt further development of its programs. The company will explore strategic alternatives to maximize shareholder value, including potential acquisitions, mergers, or other transactions. There is no guarantee that a transaction will be pursued or completed. AVROBIO has not set a timetable for completion of this evaluation process.
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AVROBIO, Inc. plans to initiate a registrational Phase 2/3 clinical trial for Gaucher disease type 3 (GD3) in the second half of 2023. They also plan to provide clinical and regulatory updates on their cystinosis program in May 2023 and initiate late-stage cystinosis clinical trial activities in the second half of 2023. AVROBIO has initiated a collaborator-sponsored Phase 1/2 clinical trial for mucopolysaccharidosis type II (MPS-II), or Hunter syndrome. Additionally, they announced the appointment of their current CFO, Erik Ostrowski, as the interim CEO.
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AVROBIO, Inc.

Nasdaq:AVRO

AVRO Rankings

AVRO Stock Data

62.85M
44.89M
0.4%
Biotechnology
Biological Products, (no Disgnostic Substances)
Link
United States
CAMBRIDGE