STOCK TITAN

Viridian Therapeutics Announces Presentations at the American Thyroid Association 91st Annual Meeting

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Viridian Therapeutics (VRDN) announced three key presentations at the upcoming Annual Meeting of the American Thyroid Association (ATA) from October 19-23, 2022, in Montreal. These include late-breaking data for VRDN-001 from its Phase 1/2 trial in Thyroid Eye Disease, highlighting its potential as a best-in-class IGF-1R antagonist. The presentations aim to detail the efficacy and differentiation of VRDN-001 compared to existing therapies. Investors can expect further updates on clinical trial results and pharmacokinetics later this quarter.

Positive
  • VRDN-001 selected for late-breaking presentations, indicating strong interest in the trial's results.
  • Emerging data suggests VRDN-001 may differentiate from current therapies in treating Thyroid Eye Disease.
  • Upcoming updates will include top-line data from different dosing cohorts of the Phase 1/2 trial.
Negative
  • None.

- Three late-breaking presentations to feature emerging evidence of VRDN-001 efficacy and differentiation -

- VRDN-001 10mg/kg proof of concept data from ongoing Phase 1/2 trial in Thyroid Eye Disease selected for late-breaking presentation -

- Mechanistic characterization of VRDN-001, a potential best-in-class full antagonist of IGF-1R, selected for oral highlighted late-breaking presentation -

WALTHAM, Mass., Oct. 12, 2022 (GLOBE NEWSWIRE) -- Viridian Therapeutics, Inc. (NASDAQ: VRDN), a biotechnology company advancing new treatments for patients suffering from serious diseases underserved by current therapies, today announced that three abstracts highlighting the potential benefits of VRDN-001 will be presented as oral highlighted and late-breaking poster presentations at the 91st Annual Meeting of the American Thyroid Association (ATA), to be held in Montreal, Canada from October 19 to 23, 2022.

“We’re excited to share mechanistic and clinical data at this year’s ATA annual meeting that contribute to the emerging body of evidence demonstrating differentiation of VRDN-001 from current therapies," stated Jonathan Violin, Ph.D., Viridian Therapeutics’ President and CEO. “We are thrilled that the 10 mg/kg data from our Phase 1/2 trial was selected for a late-breaking presentation, and we look forward to presenting additional updates for both VRDN-001 and VRDN-002 later this quarter. These updates will include top-line data for the 20 mg/kg cohort of our ongoing Phase 1/2 trial of VRDN-001 in Thyroid Eye Disease, followed later this quarter by top-line data from the currently enrolling 3mg/kg cohort. This quarter we’ll also share additional pharmacokinetic and pharmacodynamic results from our first-in-human trial of VRDN-002, our half-life extended IGF-1R antibody, which reinforce and build upon the recently presented interim results.”

Oral Highlighted Poster Session Details:

Title:VRDN-001, a Full Antagonist Antibody to the Insulin-Like Growth Factor Receptor-1 (IGF-1R) in Development for Thyroid Eye Disease (TED), Binds to a Distinct Epitope from Teprotumumab
Poster:#132
Session:#4 - Non-Thyroid Cancer Highlighted Posters
Time and Date:Thursday, October 20, 2022, 4:00 p.m. to 4:30 p.m. ET
Room:511-CF

Late-Breaking Poster Session Details:

Title:VRDN-001, a Full Antagonist Antibody to the Insulin-Like Growth Factor Receptor-1 (IGF-1R) in Development for Thyroid Eye Disease (TED): Phase 1/2 Proof of Concept in Patients with TED
Poster:#535
Date and Time:Friday, October 21, 2022,11:00 a.m.- 2:30 p.m. ET

_________________________________________________________________________

Title:VRDN-001, a Full Antagonist Antibody to the Insulin-Like Growth Factor Receptor-1 (IGF-1R) in Development for Thyroid Eye Disease (TED), Binds to a Distinct Epitope from Teprotumumab
Poster:#132
Time and Date:Saturday, October 22, 2022, 10:30 a.m. - 2:30 p.m. ET

_________________________________________________________________________

Title:VRDN-001, A Potent and Selective Insulin-Like Growth Factor-1 Receptor (IGF-1R) Antagonist Antibody for Thyroid Eye Disease (TED): Interim Phase 1 Safety and Pharmacodynamic Results in Healthy Volunteers
Poster:#568
Time and Date:Saturday, October 22, 2022, 10:30 a.m. - 2:30 p.m. ET

About Viridian Therapeutics, Inc.
Viridian Therapeutics is a biotechnology company advancing new treatments for patients suffering from serious diseases underserved by current therapies. Viridian’s most advanced program, VRDN-001, is a differentiated monoclonal antibody targeting insulin-like growth factor-1 receptor (IGF-1R), a clinically and commercially validated target for the treatment of thyroid eye disease (TED). VRDN-002 is a distinct anti-IGF-1R antibody and incorporates half-life extension technology. VRDN-003 is an extended half-life version of VRDN-001. Both VRDN-002 and VRDN-003 are designed for administration as convenient, low-volume, subcutaneous injections. TED is a debilitating autoimmune disease that causes inflammation and fibrosis within the orbit of the eye which can cause double vision, pain, and potential blindness. Viridian is based in Waltham, Massachusetts.

Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of words such as, but not limited to, "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "might," "plan," "potential," "predict," "project," "should," "target," "will," or "would" or other similar terms or expressions that concern the Company’s expectations, plans and intentions. Forward-looking statements include, without limitation, statements regarding the Company’s expectations, strategies, plans and intentions. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based on the Company’s current beliefs, expectations, and assumptions. New risks and uncertainties may emerge from time to time, and it is not possible to predict all risks and uncertainties. No representations or warranties (expressed or implied) are made about the accuracy of any such forward-looking statements. Such forward-looking statements are subject to a number of material risks and uncertainties including but not limited to results of ongoing clinical trials; the timing of clinical trial activities and reporting results from the same, including those risks set forth under the caption “Risk Factors” in the Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission (SEC) on March 11, 2022 and other subsequent disclosure documents filed with the SEC. Any forward-looking statement speaks only as of the date on which it was made. Neither the Company, nor its affiliates, advisors, or representatives, undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. These forward-looking statements should not be relied upon as representing the Company’s views as of any date subsequent to the date hereof.

Investor & Media Contact:
John Jordan
Viridian Therapeutics
Vice President, Investor Relations and Corporate Communications
617-272-4691
IR@viridiantherapeutics.com

 


FAQ

What are the key highlights of the VRDN press release?

The press release reveals three late-breaking presentations at the ATA annual meeting, showcasing new data on VRDN-001's efficacy in Thyroid Eye Disease.

When is the ATA Annual Meeting where VRDN will present its findings?

The ATA Annual Meeting will be held from October 19 to 23, 2022, in Montreal.

What is VRDN-001 and its significance in the trial?

VRDN-001 is an IGF-1R antagonist being evaluated for Thyroid Eye Disease, with potential differentiation from current therapies based on emerging clinical data.

What clinical trial updates can investors expect from VRDN?

Investors can anticipate further updates on the clinical trial results and pharmacokinetics of VRDN-001 and VRDN-002 later this quarter.

Viridian Therapeutics, Inc.

NASDAQ:VRDN

VRDN Rankings

VRDN Latest News

VRDN Stock Data

1.74B
76.36M
0.01%
96.04%
12.82%
Biotechnology
Services-medical Laboratories
Link
United States of America
WALTHAM