Adverum Biotechnologies, Inc. Logo

Adverum Biotechnologies, Inc.

Developing single-injection gene therapies for prevalent ocular diseases like wet AMD.

ADVM | NDAQ

Overview

Corporate Details

ISIN(s):
N/A
LEI:
Country:
United States of America
Address:
100 CARDINAL WAY, 94063 REDWOOD CITY
Sector:
Manufacturing
Industry:
Manufacture of pharmaceuticals, medicinal chemical and botanical products

Description

Adverum Biotechnologies, Inc. is a clinical-stage company aiming to establish gene therapy as a new standard of care for highly prevalent ocular diseases. The company develops potential functional cures to restore vision and prevent blindness. Its proprietary technology is a next-generation adeno-associated virus (AAV) vector platform for intravitreal (IVT) administration. Adverum's lead program, Ixo-vec (ixoberogene soroparvovec), is an investigational treatment for wet age-related macular degeneration (wet AMD). It is designed as a single, in-office injection that transforms retinal cells into 'biofactories' to continuously produce a therapeutic protein (aflibercept), thereby aiming to eliminate the need for frequent injections and offer a durable, long-term treatment benefit.

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Insider Transactions

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