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Added to YB: 2024-04-30

Pitch date: 2024-03-31

RNA [bullish]

Avidity Biosciences, Inc.

+179.6%

current return

Author Info

No bio for this author

Company Info

Avidity Biosciences, Inc., a biopharmaceutical company, engages in the delivery of RNA therapeutics called antibody oligonucleotide conjugates (AOCs).

Market Cap

$10.8B

Pitch Price

$25.69

Price Target

N/A

Dividend

N/A

EV/EBITDA

-14.84

P/E

-17.12

EV/Sales

429.70

Sector

Biotechnology

Category

growth

Show full summary:
Artisan International Small-Mid Fund Portfolio Holding: Avidity Biosciences, Inc.

Avidity's AOC platform combines antibodies & siRNA for rare diseases like DM1. Phase 2 data validated platform safety/efficacy. Phase 3 to start in Q2 with strong pipeline potential beyond muscle diseases. Diligence suggests earlier adverse event was isolated.

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