Applied Genetic Technologies (AGTC) Misses Q1 EPS by 5c

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AGTC Announces Financial Results for the First Quarter Ended September 30, 2014

November 12, 2014 4:01 PM EST

GAINESVILLE, Fla., Nov. 12, 2014 (GLOBE NEWSWIRE) -- Applied Genetic Technologies Corporation (Nasdaq: AGTC), a clinical stage biotechnology company developing adeno-associated virus (AAV)-based gene therapies for the treatment of rare eye diseases, today announced financial results for the first quarter ended September 30, 2014.

"We've made significant progress and we are on track to initiate Phase 1/2 clinical trials in the U.S. for both our X-linked retinoschisis (XLRS) and achromatopsia (ACHM) programs in 2015," said Sue Washer, President and CEO. "In addition, we have begun pre-clinical studies for our product candidate addressing X-linked retinitis pigmentosa, or... More