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Amicus Therapeut - FOLD STOCK NEWS

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

Overview of Amicus Therapeutics (FOLD)

Amicus Therapeutics, Inc. (NASDAQ: FOLD) is a global biotechnology company dedicated to developing and delivering innovative therapies for individuals living with rare metabolic diseases. With a strong focus on lysosomal storage disorders such as Fabry disease and Pompe disease, the company leverages cutting-edge science and a patient-centric approach to address critical unmet medical needs. Amicus Therapeutics integrates advanced platform technologies and precision medicine to create novel, high-quality treatments that have the potential to transform patient care.

Core Business Areas

The company’s operations are centered around the discovery, development, and commercialization of therapies for rare and orphan diseases. Amicus Therapeutics has built a robust product portfolio that includes:

  • Galafold® (Migalastat): An oral precision medicine approved for the treatment of adults with Fabry disease who have amenable galactosidase alpha gene (GLA) variants. Galafold represents a significant advancement in the treatment paradigm for this rare disorder.
  • Pompe Disease Program: A clinical-stage initiative focused on developing novel therapies for Pompe disease, aiming to improve outcomes for patients with this debilitating condition.
  • Gene Therapy Platform: A pipeline of investigational therapies targeting a range of rare diseases, underscoring the company’s commitment to advancing first- or best-in-class solutions.

Patient-Centric Approach

Amicus Therapeutics places the needs of patients and their caregivers at the core of its mission. This commitment is evident in its innovative science, clinical programs, and commercial strategies. By collaborating with the rare disease community, the company ensures that its therapies are designed to address the unique challenges faced by patients with limited treatment options.

Market Position and Competitive Landscape

Operating within the biotechnology industry, Amicus Therapeutics occupies a niche segment focused on rare metabolic diseases. The company competes with other biotech firms specializing in orphan diseases but differentiates itself through its precision medicine approach and emphasis on gene therapy. Its global footprint spans 27 countries, enabling it to reach diverse patient populations and establish a significant presence in key markets.

Challenges and Opportunities

Amicus Therapeutics faces several challenges, including the high costs and complexities of drug development, stringent regulatory requirements, and the need to scale treatments for rare diseases. However, its innovative pipeline, strategic focus on high-impact therapies, and commitment to patient-centricity position it well to navigate these obstacles.

Significance in the Biotechnology Industry

Amicus Therapeutics exemplifies the transformative potential of biotechnology in addressing rare and life-threatening conditions. By combining scientific innovation with a deep understanding of patient needs, the company contributes to advancing the standard of care for rare diseases. Its work not only improves patient outcomes but also underscores the importance of targeted therapies in modern medicine.

Conclusion

Amicus Therapeutics is a pioneering biotechnology company that blends cutting-edge science with a compassionate approach to healthcare. Through its focus on rare metabolic diseases, the company continues to make meaningful strides in improving the lives of patients worldwide. Its dedication to innovation, coupled with its robust pipeline and global reach, positions Amicus Therapeutics as a key player in the rare disease treatment landscape.

Rhea-AI Summary
FOLD: Amicus Therapeutics Announces 27% Increase in Total Revenue to $103.5M in 3Q 2023, Galafold® Quarterly Revenue Surpasses $100M for the First Time, Pombiliti™ + Opfolda™ Approved and Launched in the U.S., EU, and U.K., Non-GAAP Profitability Projected in Q4 2023
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Amicus Therapeutics (Nasdaq: FOLD) will participate in investor conferences in November. The UBS Biopharma Conference will be held on November 9th at 1:00 p.m. E.T. in Miami, FL. The Stifel 2023 Healthcare Conference will be held on November 15th at 8:00 a.m. E.T. in New York, NY. The presentations can be accessed via the Amicus Therapeutics corporate website.
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Amicus Therapeutics to host conference call and webcast to discuss Q3 financial results
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Amicus Therapeutics announces presentation at World Muscle Society Congress on development program for Pompe disease.
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Amicus Therapeutics announces a $430 million financing collaboration with Blackstone, including a $400 million senior secured term loan and a $30 million strategic investment in Amicus's common stock. The refinancing of existing debt will reduce the interest rate, extend the amortization period, and push out the amortization schedule. The loan facility requires interest-only payments until late 2026 and matures in October 2029. The proceeds will be used to refinance Amicus's existing debt and fund ongoing operations. The collaboration demonstrates Blackstone's commitment to Amicus's future and belief in the strong growth potential of their medicines for rare diseases. The loan is expected to be funded and the equity investment is expected to close on October 5, 2023.
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WuXi Biologics congratulates Amicus Therapeutics on FDA approval for Pombiliti™ and Opfolda™ for late-onset Pompe disease. WuXi Biologics is the exclusive manufacturing partner for the therapy.
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Amicus Therapeutics receives FDA approval for Pombiliti™ and Opfolda™ two-component therapy for late-onset Pompe disease, leading to positive impact on stock price.
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Amicus Therapeutics to participate in investor conferences in September
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Amicus Therapeutics (Nasdaq: FOLD) to present at SSIEM Annual Symposium 2023 in Jerusalem, Israel.
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WuXi Biologics reports solid business performance with sustained growth momentum and strong backlog
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FAQ

What is the current stock price of Amicus Therapeut (FOLD)?

The current stock price of Amicus Therapeut (FOLD) is $9.02 as of March 6, 2025.

What is the market cap of Amicus Therapeut (FOLD)?

The market cap of Amicus Therapeut (FOLD) is approximately 2.8B.

What does Amicus Therapeutics specialize in?

Amicus Therapeutics focuses on developing innovative therapies for rare metabolic diseases, including Fabry and Pompe diseases.

What is Galafold®?

Galafold® is an oral precision medicine developed by Amicus Therapeutics for adults with Fabry disease who have amenable genetic variants.

How does Amicus Therapeutics differentiate itself in the biotechnology industry?

The company stands out through its focus on precision medicine, gene therapy, and its patient-centric approach to addressing rare diseases.

What challenges does Amicus Therapeutics face?

Challenges include high R&D costs, regulatory hurdles, and the complexity of scaling treatments for rare diseases.

What is the significance of Amicus Therapeutics’ gene therapy pipeline?

The gene therapy pipeline underscores the company’s commitment to developing first- or best-in-class solutions for rare diseases.

What is the market focus of Amicus Therapeutics?

Amicus Therapeutics focuses on rare metabolic diseases, particularly lysosomal storage disorders like Fabry and Pompe diseases.

How does Amicus Therapeutics generate revenue?

The company generates revenue primarily through the commercialization of approved therapies like Galafold and potential licensing agreements.

What is the global reach of Amicus Therapeutics?

Amicus Therapeutics operates in 27 countries, enabling it to serve diverse patient populations worldwide.
Amicus Therapeut

Nasdaq:FOLD

FOLD Rankings

FOLD Stock Data

2.81B
277.79M
0.76%
103.78%
6.1%
Biotechnology
Pharmaceutical Preparations
Link
United States
PRINCETON