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Why Biotech Stocks Are Celebrating This Nail-Biter

UniQure is preparing a licensing application for its AMT-130 gene therapy. This action follows a reversal by the FDA after a prior disagreement. Biotech stocks climbed on Wednesday following this news.

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What changed

The current update confirms UniQure's intent to submit the AMT-130 application after an FDA reversal.

Live updates

  1. UniQure to File FDA Application for Huntington's Therapy

    UniQure is preparing a licensing application for its AMT-130 gene therapy. This action follows a reversal by the FDA after a prior disagreement. Biotech stocks climbed on Wednesday following this news.

    What's confirmed:

    • UniQure plans to submit a licensing application to the FDA for its AMT-130 gene therapy targeting Huntington's disease.
    • The FDA reversed a previous position following a dispute.

    Still unconfirmed:

    • Biotech stocks rose Wednesday due to the UniQure development.
    • Biotech stocks gained over 75% after hitting a low in April due to acquisitions and clinical data.
    • The biotech sector continues to trade at a discount.
    confidence 90%
  2. UniQure Stock Surges Following FDA Shift on Huntington's Gene Therapy

    UniQure plans to submit a licensing application to the FDA for its AMT-130 gene therapy targeting Huntington's disease. The move follows a reversal by the agency after a previous dispute. Biotech stocks rose Wednesday as a result of this development.

    What's confirmed:

    • UniQure intends to seek FDA approval for its Huntington's disease gene therapy.
    • The FDA reversed its previous position regarding the gene therapy treatment.
    • UniQure shares experienced a significant price increase following the news.
    • The treatment in question is identified as AMT-130.

    Still unconfirmed:

    • UniQure stock surged 81%.
    • UniQure stock soared 78%.
    • The FDA is giving CRL recipients another chance following the exit of Makary.
    confidence 90%