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Submitted URL: https://e.endpointsnews.com/t/t-l-vtutjtd-jhdldljikl-yd/
Effective URL: https://endpts.com/verve-won-trial-success-with-a-gene-editing-milestone-why-dont-investors-like-it/
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November 14, 2023 11:45 AM ESTUpdated 01:24 PM
R&D
Cell/Gene Tx


VERVE WON TRI­AL SUC­CESS WITH A GENE-EDIT­ING MILE­STONE. WHY DON'T IN­VESTORS
LIKE IT?


LEI LEI WU

NEWS REPORTER

This week­end, Verve Ther­a­peu­tics pre­sent­ed the first-ever re­sults of an
in vi­vo base edit­ing ther­a­py in hu­mans, mark­ing a ma­jor mile­stone not
on­ly for the com­pa­ny but al­so for the gene edit­ing field as a whole. But on
Mon­day morn­ing, the biotech’s stock tum­bled 40% over ques­tions about the
treat­ment’s po­ten­tial to lead a mar­ket.

“The Verve da­ta are tru­ly a ma­jor sci­en­tif­ic mile­stone that is part of a
new fron­tier of med­i­cine,” said John Maraganore, the for­mer CEO of RNA
ther­a­peu­tics com­pa­ny Al­ny­lam. “But some­times mar­kets don’t
ap­pre­ci­ate that as much.”


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