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DewDiligence

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DewDiligence

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Re: DewDiligence post# 193110

Wednesday, 12/12/2018 4:28:54 PM

Wednesday, December 12, 2018 4:28:54 PM

Post# of 257302
BIIB dumps AGTC collaboration on five gene-therapy programs:

https://globenewswire.com/news-release/2018/12/12/1666252/0/en/AGTC-Announces-Topline-Interim-Six-Month-Data-from-Phase-1-2-X-Linked-Retinoschisis-Clinical-Study-Termination-of-Biogen-Collaboration.html

The collaboration was inked in 2015 (#msg-115114540); AGTC received $124M up-front (including $30M from an equity sale), but earned only $5M of milestone payments since then.

AGTC CC at 5pm ET.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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