Adverum Climbs Out Of Abyss With Promising Early Gene Therapy Data In Wet AMD

The Phase II LUNA study of ixo-vec showed a reduction in anti-VEGF use and stabilization of visual acuity and anatomic parameters that Adverum – and some analysts – called best in class.

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Preliminary Phase II data in wet age-related macular degeneration (wet AMD) give a leg up to Adverum Biotechnologies, Inc.’s ixoberogene soroparvovec (ixo-vec), its gene therapy for retinal diseases, as it looks set to compete closely with two rivals. The positive data were particularly important, coming after the company had to abandon the diabetic macular edema (DME) indication and restructure to focus on wet AMD.

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