市场见解

Antisense (ASX:ANP) share price accelerates 5% on FDA news

What did the biotechnology company announce?
The post Antisense (ASX:ANP) share price accelerates 5% on FDA news appeared first on The Motley Fool Australia. –

The Antisense Therapeutics Limited (ASX: ANP) share price is rising on the back of positive investor sentiment on Thursday. This comes after the company provided an update on its application for ATL1102 with the United States Food and Drug Administration (FDA).

At the time of writing, the biotechnology company’s shares are up 5.56% to 19 cents.

What did Antisense announce?

Investors are driving up the Antisense share price today following news about an extended study of ATL1102.

According to its release, Antisense has submitted the protocol synopsis for a 9-month chronic monkey toxicology study to the FDA. This is expected to support the clinical dosing of patients with ATL1102 beyond 6 months for Duchenne Muscular Dystrophy (DMD).

As such, the company is hoping to receive feedback from the FDA on the protocol in the first quarter of 2022.

In June, the FDA provided clarification on the company’s Type C guidance meeting regarding the chronic monkey study and design of a Phase IIb/III trial.

The study will run for 52 weeks in the United States and will assess muscle strength among participants.

However, Antisense is considering taking the European Phase IIb/III data to the FDA to support a future marketing application.

Antisense hopes the information will be enough to get ATL1102 approved without further trials.

In addition, the FDA has previously granted a Rare Paediatric Disease Designation to ATL1102 for the treatment of DMD. Should its European trial be successful, Antisense could receive a rare pediatric disease priority review voucher from the FDA.

This is provided the company receives the green light for ATL1102 before 30 September 2026. If granted, it could sell the priority review voucher and use it as a source of non-dilutive capital. The value of these vouchers ranges from US$80 million to US$150 million.

About ATL1102 and the Antisense share price

Founded in 2000, Antisense develops and commercialises antisense pharmaceuticals for patients suffering from rare diseases.

Antisense is developing ATL1102, an antisense inhibitor of the CD49d receptor, for DMD patients.

Antisense recently reported promising Phase II trial results showing a significantly reduced number of brain lesions in patients with relapsing-remitting multiple sclerosis (RRMS).

Over the past 12 months, the Antisense share price has almost doubled, up 90%.

The post Antisense (ASX:ANP) share price accelerates 5% on FDA news appeared first on The Motley Fool Australia.

Should you invest $1,000 in Antisense right now?

Before you consider Antisense, you’ll want to hear this.

Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Antisense wasn’t one of them.

The online investing service he’s run for nearly a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.* And right now, Scott thinks there are 5 stocks that are better buys.

*Returns as of August 16th 2021

More reading

Seven West Media (ASX:SWM) share price dips despite ACCC green light on Prime Media deal

Why has the BARD1 (ASX:BD1) share price vanished from the ASX boards?

Why is the Alcidion (ASX:ALC) share price down 14% today?

Could Camplify (ASX:CHL) become the Airbnb of RVs? Here’s what Motley Fool analyst Benny Ou thinks

Fortescue (ASX:FMG) share price rises amid green train progress

Motley Fool contributor Aaron Teboneras has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

随时随地,交易世界!

移动APP平台,拥有 12 个市场的 50,000 多种全球上市证券(全球市值超过 70%),直接在您的 Android 或 iOS 设备上即可操作。

与独有的交易理念和投资分析工具相结合,帮助您在我们 12 个全球市场中的几乎所有金融工具上找到可操作的见解,从而帮助您优化交易策略。

推荐给您的朋友

向您的朋友推荐Monex并赠予他们免费使用我们交易工具的机会

我们尊重您的隐私,只会向您的朋友发送一封邮件 

与您的朋友分享

Share on facebook
Share on twitter
Share on linkedin

Monex Trading Tools Access and Usage Terms

The Monex Trading Tools (referred to as ‘tools’ hereafter) are available to you inside your client portal;


To activate access to the tools, you must have a verified and approved trading account and have made a deposit of at least AUD $1000.


An active and funded account with a positive trading balance is required to continue to have access to the tools;


Although the tools are available to you indefinitely, Monex Securities may at it’s discretion disable access to the tools in the future;


Monex securities reserves the right to change these terms and conditions from time to time, as it sees fit, without notice.

Important Notice
iOS & Android App - 12 International Markets & Over 70% Global Market Cap. $0 Brokerage On US Trades. Click Here!