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Dec 31, 2024
uniQure Q4 2024 Earnings Report
uniQure's financial performance in Q4 2024 reflected progress in clinical programs and strategic streamlining.
Key Takeaways
uniQure reported a net loss of $239.6 million for the year ended December 31, 2024. The company is focusing on advancing its gene therapy pipeline, particularly AMT-130 for Huntington's disease, and has streamlined operations to extend its cash runway into the second half of 2027.
Aligned with the FDA on key elements for Accelerated Approval pathway of AMT-130 in Huntington’s disease and initiated preparations for BLA submission.
Completed patient enrollment in the third cohort of the Phase I/II study of AMT-130.
Initiated dosing in the Phase I/II study of AMT-260 for mTLE and implemented protocol changes to broaden inclusion criteria.
Completed enrollment of the first cohorts in Phase I/II studies for AMT-191 in Fabry disease and AMT-162 in SOD1-ALS, with favorable IDMC recommendations to proceed with dosing the second cohorts.
Forward Guidance
uniQure anticipates several milestones, including regulatory interactions with the FDA, data presentations from ongoing clinical trials, and potential BLA submission for AMT-130. The company expects its current cash position, along with proceeds from a recent offering, to fund operations into the second half of 2027.
Positive Outlook
- Planned interactions with the FDA to discuss requirements for the BLA submission for AMT-130.
- Potential utilization of an accelerated pathway to progress AMT-130 through regulatory approval.
- Plans to announce additional interim data and regulatory updates from ongoing Phase I/II clinical studies of AMT-130.
- Expectation of an initial safety update on the third cohort of the AMT-130 study and other program updates.
- Planned protocol changes to accelerate enrollment in the AMT-260 study.
Challenges Ahead
- Risks associated with the clinical results and the development and timing of the Company’s programs.
- Interactions with regulatory authorities, which may affect the initiation, timing and progress of clinical trials and pathways to regulatory approval.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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