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BOLD

Audentes Therapeutics

$17.30

-0.69 (-3.84%)

08:05
11/29/16
11/29
08:05
11/29/16
08:05

Audentes Therapeutics begins large-scale cGMP production runs

Audentes Therapeutics announced it has successfully initiated large-scale cGMP production runs in its new, state-of-the-art manufacturing facility. The facility's initial cGMP production suite includes two 500-liter bioreactors for use with the company's proprietary serum-free suspension cell culture-based production system. This represents capacity to meet the material requirements for the clinical trials of the company's current product candidates. Planned future expansions will provide increased capacity to support both commercial manufacture and clinical supply for new development programs. The company intends to initiate clinical trials for two of its products, AT132 for X-Linked Myotubular Myopathy and AT342 for Crigler-Najjar Syndrome, in 2017 with material manufactured in this facility.

BOLD Audentes Therapeutics
$17.30

-0.69 (-3.84%)

08/15/16
PIPR
08/15/16
INITIATION
Target $24
PIPR
Overweight
Audentes Therapeutics initiated with an Overweight at Piper Jaffray
Piper Jaffray analyst Joshua Schimmer started Audentes Therapeutics with an Overweight rating and $24 price target. The analyst views the company as well-positioned in the "rapidly evolving gene therapy landscape."
08/15/16
COWN
08/15/16
INITIATION
COWN
Outperform
Audentes Therapeutics initiated with an Outperform at Cowen
Cowen analyst Ritu Baral started Audentes Therapeutics with an Outperform rating.
08/15/16
WEDB
08/15/16
INITIATION
Target $20
WEDB
Outperform
Audentes Therapeutics initiated with an Outperform at Wedbush
Wedbush analyst David Nierengarten initiated Audentes Therapeutics with an Outperform and $20 price target saying its a compelling opportunity in AAV gene therapy of rare diseases.
10/10/16
PIPR
10/10/16
NO CHANGE
Target $24
PIPR
Overweight
AveXis data bodes well for Audentes gene therapy program, says Piper Jaffray
Piper Jaffray analyst Joshua Schimmer said additional data presented by AveXis (AVXS) from its ongoing Phase 1/2 trial in infantile-onset spinal muscular atrophy "augurs well" for Audentes Therapeutics' (BOLD) gene therapy program for X-linked myotubular myopathy, as he sees several points of similarity that provide a positive read-through though the companies are targeting different diseases. Schimmer, who does not have a rating on AveXis, reiterates his Overweight rating and $24 price target on Audentes shares.

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