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Regenxbio Says Diabetic Retinopathy Gene Therapy Shows Meaningful Improvements In Disease Severity

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Regenxbio Says Diabetic Retinopathy Gene Therapy Shows Meaningful Improvements In Disease Severity
  • Regenxbio Inc (NASDAQ: RGNX) announced additional interim data from the ongoing Phase 2 ALTITUDE trial of RGX-314 for diabetic retinopathy (DR) without center-involved diabetic macular edema (CI-DME).
  • At six months, patients treated with RGX-314 demonstrated clinically meaningful improvements in disease severity versus observation control as measured by Diabetic Retinopathy Severity Scale (DRSS). 
  • 20% of patients achieved ≥2-step DRSS improvement vs. 10% in control.
  • 54% of patients achieved any DRSS improvement vs. 20% in control.
  • 0% of patients worsened ≥2 steps vs. 20% in control.
  • Related: Despite Solid Efficacy From Gene Therapy, This Analyst Cuts REGENXBIO's Price Target.
  • Regenxbio announced that the ALTITUDE trial has been expanded to include a higher third dose level of 1x1012 GC/eye. 
  • The trial is enrolling two new cohorts (Cohorts 4 and 5) at the third dose level. 
  • RGX-314 continues to be well tolerated in 50 patients from Cohorts 1-3 with no drug-related serious adverse events.
  • The company reported $617 million in cash, cash equivalents, and marketable securities as of September 30, with an operational runway into 2025.
  • Price Action: RGNX shares are down 16.10% at $20.33 on the last check Thursday.
 

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