uniQure: A High-Risk, High-Reward Investment Opportunity

Apr. 07, 2021 9:32 PM ETuniQure N.V. (QURE) Stock, , , 15 Comments
Sage Advisors
1.03K Followers

Summary

  • uniQure has submitted data to the FDA that suggest that etranacogene dezaparvovec (AMT-061) is highly unlikely to be the cause of liver cancer in a patient in the pivotal trial.
  • FTC review of the transaction with CSL Behring is ongoing and is projected to close during the second quarter of 2021.
  • Wave Life Sciences and Roche/Ionis reported disappointing results in Huntington’s disease clinical trials.
  • uniQure has made significant progress in their Huntington’s program and data readouts in late 2021 will give investors a glimpse into AMT-130’s efficacy and safety profile.

uniQure (NASDAQ:QURE) is on track to read out data from its pivotal trial of AMT-061 for patients with hemophilia B. Given the gene therapy appears safe, the company can complete the pivotal trial and eventually file for a regulatory approval. The closing of the deal with CSL Behring may provide significant cash flow to fund the pipeline. uniQure remains a high-risk, high-reward investment due to the Huntington's disease program.

AMT-061 appears to have a favorable safety profile

uniQure released findings regarding their investigation into the cause of hepatocellular cancer that was diagnosed in a patient in the HOPE-B gene therapy trial for patients with hemophilia B. The company concluded that its gene therapy for hemophilia B is not likely to be related to the patient developing hepatocellular cancer. The patient who developed the cancer had multiple risk factors including hepatitis B and C infections which are associated with 80 percent of all hepatocellular cancers.

According to a statement released by uniQure, "The external lab analyzed more than 220,000 cells from the tissue sample and identified 60 cells with random integration events that have no known association with the development of HCC. Moreover, whole genome sequencing of the tumor showed that this patient had large abnormalities on chromosomes 1 and 8 that are commonly associated with HCC, as well as mutation of TP53 and several other potentially oncogenic genes." Discussions with the FDA about these findings should occur in Q2 and based on this data, uniQure seeks to have the clinical hold lifted.

The clinical hold placed on the HOPE-B trial due to the hepatocellular cancer case resulted in QURE's stock falling significantly in December. QURE shares had been trading in the high $40 range and fell as low as $28 as investors waited for a resolution to the issue. bluebird bio (

This article was written by

1.03K Followers
M.A. Science. I use my science background, the knowledge acquired while working for a major pharmaceutical company and access to scientists with domain specific knowledge to find the best opportunities in biotech.

Analyst’s Disclosure:I am/we are long QURE. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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