AVROBIO to Present New Clinical and Preclinical Data at the ASGCT 25th Annual Meeting

Rhea-AI Summary

AVROBIO, Inc. (NASDAQ: AVRO) has announced new data from its ongoing Phase 1/2 clinical trial for cystinosis, which will be presented on May 16, 2022, at the 25th Annual Meeting of the American Society of Gene & Cell Therapy in Washington, D.C. Dr. Stephanie Cherqui will present updated results from patients dosed with AVR-RD-04, an investigational gene therapy. Additionally, preclinical data for the Pompe disease program will be shared by Dr. Niek van Til on May 18. AVROBIO aims to advance gene therapy to treat genetic diseases effectively.

Positive

• Presentation of new clinical data for AVR-RD-04 in cystinosis on May 16.
• Preclinical data for Pompe disease will be shared during the conference.
• Focus on innovative gene therapy platform aimed at durable treatment effects.

Negative

• None.

CAMBRIDGE, Mass.--(BUSINESS WIRE)-- AVROBIO, Inc. (Nasdaq: AVRO), a leading clinical-stage gene therapy company with a shared purpose to free people from a lifetime of genetic disease, today announced that new data from its ongoing, collaborator-sponsored¹ Phase 1/2 clinical trial in cystinosis will be presented on May 16, 2022, at the 25^th Annual Meeting of the American Society of Gene & Cell Therapy (ASGCT), held in Washington, D.C. Additionally, new preclinical data from AVROBIO’s Pompe disease program will be presented during the four-day conference.

The planned presentations are listed below and the full preliminary program is available online at the ASGCT website.

ORAL PRESENTATION:

Hematopoietic stem cell gene therapy for cystinosis: updated results from a Phase 1/2 clinical trial
Monday, May 16, 2022, 1:30-3:15 p.m. ET
Oral Abstract Session on “Gene and Cell Therapy Trials in Progress”

Stephanie Cherqui, Ph.D., principal investigator of the Phase 1/2 clinical trial of AVR-RD-04 (CTNS-RD-04), an investigational gene therapy for infantile nephropathic cystinosis, and associate professor of pediatrics at the University of California, San Diego, School of Medicine, will present new clinical data from patients dosed in the ongoing trial.

POSTER PRESENTATION:

Long-term efficacy and safety in preclinical hematopoietic stem cell gene therapy in Pompe Mice
Wednesday, May 18, 5:30-7 p.m. ET
Poster session on “Musculo-skeletal diseases”

Niek van Til, Ph.D., consultant to AVROBIO, will share new preclinical data for AVR-RD-03, a gene therapy for Pompe disease.

About AVROBIO
Our vision is to bring personalized gene therapy to the world. We aim to prevent, halt or reverse disease throughout the body with a single dose of gene therapy designed to drive durable expression of therapeutic protein, even in hard-to-reach tissues and organs including brain, muscle and bone. AVROBIO’s pipeline is powered by our industry-leading plato® gene therapy platform, our foundation designed to deliver gene therapy worldwide. It includes clinical programs in cystinosis and Gaucher disease type 1, as well as preclinical programs in Gaucher disease type 3, Hunter syndrome and Pompe disease. We are headquartered in Cambridge, Mass. For additional information, visit avrobio.com, and follow us on Twitter and LinkedIn.

Forward-Looking Statement
This press release contains forward-looking statements, including statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements may be identified by words and phrases such as “aims,” “anticipates,” “believes,” “could,” “designed to,” “estimates,” “expects,” “forecasts,” “goal,” “intends,” “may,” “plans,” “possible,” “potential,” “seeks,” “will,” and variations of these words and phrases or similar expressions that are intended to identify forward-looking statements. These forward-looking statements include, without limitation, statements regarding our business strategy for and the potential therapeutic benefits of our current and prospective product candidates, including the implementation of the plato^® platform in our clinical trials and gene therapy programs. Any such statements in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Results in preclinical or early-stage clinical trials may not be indicative of results from later stage or larger scale clinical trials and do not ensure regulatory approval. You should not place undue reliance on these statements, or the scientific data presented.

Any forward-looking statements in this press release are based on AVROBIO’s current expectations, estimates and projections about our industry as well as management’s current beliefs and expectations of future events only as of today and are subject to a number of risks and uncertainties that could cause actual results to differ materially and adversely from those set forth in or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, the risk that any one or more of AVROBIO’s product candidates will not be successfully developed or commercialized, the risk of cessation or delay of any ongoing or planned clinical trials of AVROBIO or our collaborators, the risk that AVROBIO may not successfully recruit or enroll a sufficient number of patients for our clinical trials, the risk that AVROBIO may not realize the intended benefits of our gene therapy platform, including the features of our plato^® platform, the risk that our product candidates or procedures in connection with the administration thereof will not have the safety or efficacy profile that we anticipate, the risk that prior results, such as signals of safety, activity or durability of effect, observed from preclinical or clinical trials, will not be replicated or will not continue in ongoing or future studies or trials involving AVROBIO’s product candidates, the risk that we will be unable to obtain and maintain regulatory approval for our product candidates, the risk that the size and growth potential of the market for our product candidates will not materialize as expected, risks associated with our dependence on third-party suppliers and manufacturers, risks regarding the accuracy of our estimates of expenses and future revenue, risks relating to our capital requirements and needs for additional financing, risks relating to clinical trial and business interruptions resulting from the COVID-19 outbreak or similar public health crises, including that such interruptions may materially delay our enrollment and development timelines and/or increase our development costs or that data collection efforts may be impaired or otherwise impacted by such crises, and risks relating to our ability to obtain and maintain intellectual property protection for our product candidates. For a discussion of these and other risks and uncertainties, and other important factors, any of which could cause AVROBIO’s actual results to differ materially and adversely from those contained in the forward-looking statements, see the section entitled “Risk Factors” in AVROBIO’s most recent Annual Report on Form 10-K, as well as discussions of potential risks, uncertainties and other important factors in AVROBIO’s subsequent filings with the Securities and Exchange Commission. AVROBIO explicitly disclaims any obligation to update any forward-looking statements except to the extent required by law.

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¹ Collaborator-sponsored Phase 1/2 clinical trial of AVR-RD-04 is funded in part by grants to UCSD from the California Institute for Regenerative Medicine (CIRM), Cystinosis Research Foundation (CRF) and National Institutes of Health (NIH).

View source version on businesswire.com: https://www.businesswire.com/news/home/20220503005450/en/

Investor:

Christopher F. Brinzey

Westwicke, an ICR Company

339-970-2843

chris.brinzey@westwicke.com



Media:

Kit Rodophele

Ten Bridge Communications

617-999-9620

krodophele@tenbridgecommunications.com

Source: AVROBIO, Inc.

FAQ

What is the purpose of AVROBIO's trial for cystinosis?

The trial aims to evaluate the safety and efficacy of AVR-RD-04, an investigational gene therapy for cystinosis.

When will the clinical data for cystinosis be presented?

The data will be presented on May 16, 2022, at the ASGCT Annual Meeting.

What additional data will AVROBIO present at the ASGCT meeting?

AVROBIO will also present preclinical data for its Pompe disease program on May 18, 2022.

What is AVROBIO's main focus in gene therapy?

AVROBIO focuses on bringing personalized gene therapy to treat genetic diseases with a single dose.

What potential impact do AVROBIO's clinical trials have on the stock symbol AVRO?

The outcomes of the clinical trials could significantly influence investor confidence and stock performance for AVRO.