AveXis (AVXS) Reports Q4 Loss of $0.92/Share

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AveXis (AVXS) PT Raised to $108 at Goldman Sachs

March 17, 2017 7:33 AM EDT

Goldman Sachs raised its price target on AveXis (NASDAQ: AVXS) to $108.00 (from $91.00) while maintaining a Buy rating.

Analyst Salveen Richter commented, "AVXS reported compelling gene therapy AVXS-101 Ph1 final results in spinal muscular atrophy (SMA, genetic neuromuscular disorder) Type I for all patients >13.6 months of age. The data... More

AveXis (AVXS) Reports Topline Results from Phase 1 Trial of AVXS-101 in SMA Type 1

March 16, 2017 4:10 PM EDT

AveXis, Inc. (NASDAQ: AVXS), a clinical-stage gene therapy company developing treatments for patients suffering from rare and life-threatening neurological genetic diseases, today reported topline results from the Phase 1 trial of AVXS-101 in spinal muscular atrophy (SMA) Type 1. The company also reported financial results for the fourth quarter and full year ended December 31, 2016, recent corporate highlights and upcoming milestones.

The completion of our Phase 1 clinical study of AVXS-101, the first ever gene therapy studied for the treatment of SMA Type 1, is an exciting and eagerly awaited milestone, and we are quite pleased with these... More