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Verve Therapeutics, Inc. - VERV STOCK NEWS

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

Verve Therapeutics, Inc. (Nasdaq: VERV) is a cutting-edge biotechnology company headquartered in Cambridge, Massachusetts. With a mission to protect the world from heart disease, Verve is pioneering a transformative approach in cardiovascular care. The company leverages two major breakthroughs in 21st-century biomedicine—human genetics analysis and gene editing—to create life-changing therapies for coronary heart disease.

Verve Therapeutics is focused on developing single-course gene editing medicines to permanently lower LDL cholesterol and triglyceride levels in adults, thereby reducing the risk of coronary heart disease. Their innovative treatments are designed to be administered once in a lifetime, offering a potential shift from chronic disease management to a one-time cure.

Founded by leading experts in cardiovascular medicine, human genetics, and gene editing, Verve has garnered substantial support from top-tier investors, including GV (formerly Google Ventures), Arch Venture Partners, and others. The company was recognized as a '2020 Best Places to Work' by the Boston Business Journal, highlighting its positive workplace culture and innovative environment.

Verve's flagship programs include VERVE-101, VERVE-102, and VERVE-201, each targeting genes validated for their role in lowering low-density lipoprotein cholesterol (LDL-C). Specifically, VERVE-101 and VERVE-102 aim to permanently deactivate the PCSK9 gene, initially targeting patients with heterozygous familial hypercholesterolemia (HeFH) and eventually expanding to treat patients with atherosclerotic cardiovascular disease (ASCVD) who have not reached LDL-C goals using traditional therapies. Meanwhile, VERVE-201 targets the ANGPTL3 gene, focusing on patients with homozygous familial hypercholesterolemia (HoFH) and refractory hypercholesterolemia.

Recent milestones for Verve Therapeutics include the first human proof-of-concept data for in vivo base editing from the ongoing heart-1 phase 1b clinical trial of VERVE-101. This study demonstrated dose-dependent reductions in disease-causing LDL-C in patients with HeFH. The company is also progressing with the heart-2 phase 1b clinical trial for VERVE-102 and plans to launch a phase 1b trial for VERVE-201 in the latter half of 2024.

In terms of financial performance, Verve maintains a solid cash position, with $624.0 million in cash and marketable securities as of December 31, 2023. This robust financial standing is augmented by strategic partnerships, including a significant collaboration with Eli Lilly, which involved a private placement and potential milestone payments up to $465 million.

Under the leadership of CEO Sekar Kathiresan, M.D., Verve is pushing the boundaries of cardiovascular disease treatment. The company's relentless commitment to scientific excellence and patient care positions it as a potential game-changer in the field of genetic medicine.

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Verve Therapeutics announced promising results from an off-target assessment of its lead candidate, VERVE-101, intended for treating cardiovascular disease. Whole genome sequencing showed minimal to no off-target editing in liver cells, supporting a favorable tolerability profile. VERVE-101 targets the PCSK9 gene to reduce LDL cholesterol. Verve aims to initiate clinical trials for heterozygous familial hypercholesterolemia in 2022. The findings will be presented at the Precision Genome Engineering Keystone Symposia on April 29, 2022.

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Verve Therapeutics announces updated preclinical data on its base editing therapies targeting ANGPTL3 and PCSK9 genes for treating atherosclerotic cardiovascular disease (ASCVD). Data demonstrated durable and well-tolerated gene editing in non-human primates, with significant reductions in blood ANGPTL3 and PCSK9 proteins. The findings support the potential of these therapies to offer long-term LDL-C lowering solutions, particularly for patients with unmet needs. The data is being presented at the American College of Cardiology 71st Annual Scientific Session on April 4, 2022.

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Verve Therapeutics, a biotechnology company focused on cardiovascular disease treatment, has announced that its Chief Scientific Officer, Dr. Andrew Bellinger, will participate in a fireside chat at the Guggenheim Genomic Medicines and Rare Disease Conference on March 31, 2022, at 10:00 a.m. ET. The event will be available via a live webcast on the company's investor website and archived for 60 days. Verve is known for its innovative gene editing medicines, including its lead product candidate, VERVE-101, aimed at permanently reducing LDL cholesterol levels to mitigate cardiovascular disease risk.

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Verve Therapeutics reported significant progress toward its clinical initiatives and pipeline advancements in its Q4 and 2021 financial results. The company has substantial cash reserves of $360.4 million, ensuring runway into 2024. They aim to initiate the clinical trial for VERVE-101 targeting heterozygous familial hypercholesterolemia (HeFH) and commence IND-enabling studies for their ANGPTL3 program in the second half of 2022. Despite a net loss of $31.3 million in Q4 2021, Verve's ongoing innovation positions it favorably in addressing cardiovascular diseases.

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Verve Therapeutics, a biotechnology firm focused on innovative cardiovascular treatments, will have its CEO, Sekar Kathiresan, present at the Cowen 42nd Annual Healthcare Conference on March 8, 2022, at 9:10 a.m. ET. The presentation will be available via live webcast on the company’s investor website, archived for 60 days afterward. Verve specializes in gene editing medicines, targeting genes like PCSK9 and ANGPTL3 to lower LDL cholesterol levels, aiming to transform cardiovascular disease care. Their lead candidate, VERVE-101, is in IND-enabling studies, particularly aimed at treating familial hypercholesterolemia.

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Verve Therapeutics (VERV) made significant strides in early 2022, announcing key milestones for its cardiovascular gene editing programs. The lead program, VERVE-101, targets the PCSK9 gene to lower LDL-C levels, with regulatory submissions and the first patient treatment expected in the second half of 2022. Preclinical data in non-human primates show promising results, indicating the potential for re-dosing and sequential dosing of therapies. The company is positioned to transition to a clinical-stage organization, aiming for transformative advancements in the treatment of atherosclerotic cardiovascular disease.

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Verve Therapeutics, a biotech innovator focused on cardiovascular disease, announced that CEO Sekar Kathiresan will present at the 40th Annual J.P. Morgan Healthcare Conference on January 10, 2022, at 4:30 p.m. ET. The company is pioneering gene editing medicines to transform cardiovascular care, including its lead product candidate VERVE-101, which aims to permanently disable the PCSK9 gene to lower LDL-C levels, particularly for patients with familial hypercholesterolemia. A live webcast will be available on their website and archived for 60 days.

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Verve Therapeutics (Nasdaq: VERV) has appointed Allison Dorval as the new Chief Financial Officer. With over 20 years of experience in finance and investor relations from companies like Voyager Therapeutics, her leadership is expected to guide Verve through its next crucial milestones. The firm is advancing its gene editing therapies targeting cardiovascular disease, particularly with the upcoming launch of clinical trials for VERVE-101. This strategic addition comes post-IPO, aimed at bolstering corporate growth and addressing regulatory engagements in 2022.

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Verve Therapeutics (Nasdaq: VERV) reported promising preclinical data for its gene editing therapies at TIDES 2021, demonstrating significant PCSK9 protein and LDL-C reductions. The company plans to initiate clinical development of VERVE-101 in 2022, targeting heterozygous familial hypercholesterolemia. Its ANGPTL3 program also showed effective liver-targeted delivery with the proprietary GalNAc-LNP technology. As of September 30, 2021, Verve's cash position stood at $389.2 million, with R&D expenses rising to $17.5 million, reflecting increased investment in future clinical trials.

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Verve Therapeutics has announced new preclinical data showcasing its GalNAc-LNP technology for the delivery of an ANGPTL3 base editor in non-human primates (NHPs) with homozygous familial hypercholesterolemia (HoFH). The study demonstrated a 94-97% reduction in blood ANGPTL3 protein levels, along with a nearly 35% decrease in low-density lipoprotein cholesterol (LDL-C). These findings support the potential for broad applicability of this gene editing approach in cardiovascular disease treatments. The company aims to further advance its ANGPTL3 program and initiate investigational new drug-enabling studies in 2022.

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FAQ

What is the current stock price of Verve Therapeutics (VERV)?

The current stock price of Verve Therapeutics (VERV) is $5.74 as of December 20, 2024.

What is the market cap of Verve Therapeutics (VERV)?

The market cap of Verve Therapeutics (VERV) is approximately 475.0M.

What is Verve Therapeutics' main focus?

Verve Therapeutics focuses on developing single-course gene editing medicines to treat coronary heart disease by permanently lowering LDL cholesterol and triglyceride levels.

Where is Verve Therapeutics headquartered?

Verve Therapeutics is headquartered in Cambridge, Massachusetts.

What are the key programs of Verve Therapeutics?

The key programs include VERVE-101, VERVE-102, and VERVE-201, targeting genes like PCSK9 and ANGPTL3 to lower LDL cholesterol levels.

Who are some of Verve Therapeutics' investors?

Top-tier investors include GV (formerly Google Ventures), Arch Venture Partners, F-Prime Capital, and others.

What recent milestone has Verve Therapeutics achieved?

Verve announced first human proof-of-concept data for in vivo base editing from the heart-1 phase 1b clinical trial of VERVE-101.

What is the financial condition of Verve Therapeutics?

As of December 31, 2023, Verve Therapeutics has $624.0 million in cash and marketable securities, supporting their operations into late 2026.

What is VERVE-101 designed to do?

VERVE-101 is designed to permanently deactivate the PCSK9 gene in the liver, aiming to reduce LDL cholesterol levels.

Who is the CEO of Verve Therapeutics?

Sekar Kathiresan, M.D., is the CEO of Verve Therapeutics.

What is the significance of Verve's collaboration with Eli Lilly?

The collaboration includes a private placement and potential milestone payments up to $465 million, boosting Verve's financial and development capabilities.

What recognition has Verve Therapeutics received?

Verve was recognized as a '2020 Best Places to Work' by the Boston Business Journal.

Verve Therapeutics, Inc.

Nasdaq:VERV

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474.96M
80.14M
5.29%
97.82%
20.17%
Biotechnology
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