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Orchard Therapeutics Plc - ORTX STOCK NEWS

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

Orchard Therapeutics Plc (ORTX) delivers groundbreaking gene therapies for rare inherited disorders, focusing on transformative treatments for pediatric patients. This page provides centralized access to all official company announcements, regulatory filings, and clinical development updates.

Investors and researchers will find timely information on clinical trial progress, regulatory milestones, and strategic partnerships shaping the future of gene-based medicine. The curated news collection spans therapy approvals, research collaborations with leading institutions, and manufacturing advancements critical to orphan disease treatment accessibility.

Regular updates ensure stakeholders maintain current awareness of ORTX's innovations in hematopoietic stem cell therapies and neurometabolic disorder treatments. Bookmark this page for efficient tracking of material developments affecting the company's position in the advanced therapies sector.

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Orchard Therapeutics (Nasdaq: ORTX) announced a strategic shift, focusing on hematopoietic stem cell gene therapies for severe neurometabolic diseases and early-stage research. The company aims to extend its cash runway into 2024 by reducing its workforce by 30% and discontinuing investment in primary immunodeficiency programs. Therapeutic candidates OTL-200 for MLD and OTL-203 for MPS-IH are highlighted for continued development, with a BLA filing for OTL-200 expected by early 2023. Recent commercial momentum for Libmeldy in Europe is gaining traction, enhancing the company's value proposition.

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On March 24, 2022, Orchard Therapeutics (Nasdaq: ORTX) announced a conference call on March 30, 2022, at 8:00 a.m. ET to discuss business updates and its fourth quarter and fiscal year 2021 financial results. The call will be accessible via phone and live webcast. The company focuses on innovative gene therapies using hematopoietic stem cell (HSC) modifications to treat severe diseases. With a strong pipeline following the acquisition of GSK’s rare disease gene therapy portfolio, Orchard aims to deliver new curative treatments to patients.

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Orchard Therapeutics (Nasdaq: ORTX) announced its upcoming presentations at two investor conferences. The management team will participate in the Cowen 42nd Annual Healthcare Conference on March 8, 2022, at 2:10 p.m. ET and the Oppenheimer 32nd Annual Healthcare Conference on March 15, 2022, at 11:20 a.m. ET. Both events will be virtual. Live webcasts can be accessed via the company’s website, with replays available afterward. Orchard Therapeutics focuses on innovative gene therapies for serious diseases, leveraging hematopoietic stem cell technology to offer potential cures.

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Orchard Therapeutics (Nasdaq: ORTX) announced five presentations at the 18th Annual WORLD Symposium from February 7-11, 2022. The presentations include clinical updates on investigational gene therapies OTL-203 for MPS-I and OTL-201 for MPS-IIIA, alongside data on Libmeldy® (OTL-200) focused on patient identification and market access. Key presentations will feature updates on gene therapy for Hurler syndrome and cost-effectiveness analyses for metachromatic leukodystrophy treatment in Europe. Libmeldy is the first approved therapy for early-onset MLD in the EU.

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Orchard Therapeutics (Nasdaq: ORTX) announced an agreement with NHS England for the reimbursement of Libmeldy® (atidarsagene autotemcel) for children with metachromatic leukodystrophy (MLD) in England and Wales. This follows the positive evaluation by NICE, recognizing the significant clinical impact and economic value of Libmeldy. Additionally, two children have been treated with Libmeldy in Germany and France, while a third patient from the Middle East has been referred for treatment in Italy. These developments mark crucial milestones in the European launch of Libmeldy, highlighting its potential to address a severe genetic disorder.

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Virica Biotech announced a collaboration with Oxford Biomedica to enhance the yield and production of lentiviral vector gene therapies using Virica's Viral Sensitizers (VSEs™). This partnership aims to meet the increasing demand for effective and commercially viable cell and gene therapies. Ella Korets-Smith, Chief Business Officer, highlighted the significance of their technology in supporting industry advancements. Oxford Biomedica's LentiVector® platform is integral to the production of breakthrough therapies and has established partnerships with major pharmaceutical companies.

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Orchard Therapeutics (ORTX) announced a publication in The Lancet, showcasing long-term benefits of Libmeldy® (atidarsagene autotemcel) for treating early-onset metachromatic leukodystrophy (MLD). The treatment led to a 90% overall survival rate in a study of 29 pediatric patients over a median follow-up of 3.2 years. Notable improvements in motor skills and cognitive function were recorded, particularly in pre-symptomatic patients. Libmeldy is the only approved gene therapy for MLD in Europe, with plans for commercialization and future regulatory approvals.

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Orchard Therapeutics announced significant progress in 2021 with the launch of Libmeldy in Europe, receiving a major therapeutic benefit rating in Germany. The company is preparing for a U.S. BLA submission for OTL-200 and an EU MAA submission for OTL-103 in 2022. Continued focus on health technology assessments is expected to enhance market access. The company ended 2021 with approximately $220 million in cash, anticipated to support operations through the first half of 2023, excluding potential additional funding from future partnerships.

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Orchard Therapeutics (Nasdaq: ORTX) will present at the 40th Annual J.P. Morgan Healthcare Conference on January 13, 2022, at 9:00 a.m. ET. A live webcast will be available on their website under 'News & Events'. Orchard focuses on gene therapy, particularly hematopoietic stem cell gene therapy, aiming to treat severe diseases with limited options. The company acquired a rare disease gene therapy portfolio from GSK in 2018, enhancing its pipeline of innovative treatments. More information can be found at www.orchard-tx.com.

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Orchard Therapeutics (Nasdaq: ORTX) announced high survival rates and promising early clinical outcomes for OTL-203, a gene therapy for Hurler syndrome (MPS-IH). With a 100% overall survival rate over a median follow-up of two years, all eight treated patients achieved supraphysiologic blood IDUA activity. The therapy demonstrated stable cognitive and motor function development, significant metabolic correction, and normalization of urinary glycosaminoglycans. A global Phase 3 trial is planned for 2022 to further evaluate the therapy's impact.

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FAQ

What is the market cap of Orchard Therapeutics Plc (ORTX)?

The market cap of Orchard Therapeutics Plc (ORTX) is approximately 380.1M.
Orchard Therapeutics Plc

Nasdaq:ORTX

ORTX Rankings

ORTX Stock Data

380.11M
20.54M
12.21%
103.6%
0.14%
Biotechnology
Healthcare
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United Kingdom
London