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4D Molecular Therapeutics Priced, Nasdaq: FDMT

Phase 1/2 gene therapy biotech developing novel AAVs for ophthalmic diseases.

Industry: Health Care

First Day Return: +76.1%

Industry: Health Care

We are a clinical-stage gene therapy company pioneering the development of product candidates using our targeted and evolved AAV vectors. We have built a deep portfolio of gene therapy product candidates initially focused in three therapeutic areas: ophthalmology (intravitreal vector), cardiology (intravenous vector) and pulmonology (aerosol vector). We have three product candidates that are in clinical trials. We are developing 4D-125 for the treatment of X-linked retinitis pigmentosa (XLRP), currently in a Phase 1/2 clinical trial with initial clinical data expected in 2021. We are advancing 4D-110 for the treatment of choroideremia, currently in a Phase 1 clinical trial with initial clinical data expected in 2022. Roche holds an exclusive worldwide license to 4D-110 and has the exclusive option to in-license 4D-125 prior to initiation of pivotal clinical trials. We received FDA Fast Track designation for 4D-310 for the treatment of Fabry disease, which is currently in a Phase 1/2 clinical trial, with initial clinical data expected in 2021. Our two IND candidates are 4D-150 for the treatment of wet age-related macular degeneration (wet AMD), and 4D-710 for the treatment of cystic fibrosis lung disease. We expect to file the INDs and to initiate clinical trials for both of these programs in the second half of 2021.
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4D Molecular Therapeutics (FDMT) Performance