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.
I hadn't looked at AGTC for a long time until just now. Stock is languishing below its EV and they have several data read-outs later this year on both the XLRP and achromatopsia programs. I know the company and stock have been a disaster to date but just wondering if any value here. NITE has at least had some PoC in XLRP and wondering if this could bode well for AGTC. I listened to their latest CC and they said what distinguishes their XLRP program from the XLRS that failed is that XLRP apparently has a good pre-clinical model where they have shown success vs. XLRS that had no good model. Also, they claim they are dosing sub-retinal with XLRP whereas XLRS indication was intravitreal (assuming that means chance for better delivery and, ultimately, efficacy).
Given the foregoing, you think they have a decent chance to show efficacy in the XLRP program?