Editas Medicine Shares Drop as Partner for EDIT-101 Trials Sought - MarketWatch

2 years ago 37

By Chris Wack

Editas Medicine Inc. shares were down 10%, to $11.01, successful premarket trading aft the institution said it wouldn't advancement with its EDIT-101 programme independently, and would question to place a collaboration spouse to proceed the improvement of EDIT-101.

The institution said EDIT-101 is nether improvement for the attraction of blindness owed to Leber congenital amaurosis 10 and is designed to repair the IVS26 CEP290 mutant allele.

In a signifier 1/2 trial, 3 retired of 14 treated subjects met a responder threshold having experienced clinically meaningful improvements successful champion corrected ocular acuity and demonstrated accordant improvements successful 2 of the pursuing 3 further endpoints: afloat tract sensitivity test, ocular relation navigation course, oregon the ocular relation prime of life.

EDIT-101 was tolerated with nary ocular superior adverse events oregon dose-limiting toxicities observed. Most adverse events were mild and expected for subretinal delivery.

Editas Medicine is pausing further enrollment successful the proceedings and plans to proceed semipermanent follow-up of each patients who person been treated to date.

Write to Chris Wack astatine chris.wack@wsj.com

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