MeiraGTx rises on positive study of AAV-GAD for Parkinson’s disease
US clinical-stage genetic meds company MeiraGTx Holdings (Nasdaq: MGTX) has released positive top-line data from its clinical bridging study of AAV-GAD for the treatment of Parkinson’s disease, MGT-GAD-025, with the news sending the firm’s shares up 9% yesterday and a further 11.4% to $5.17 pre-market today.
MGT-GAD-025 is a six-month, three-arm, randomized, double-blind, sham-controlled study using AAV-GAD drug product manufactured by MeiraGTx at its wholly-owned facilities with its commercial platform process. Participants had idiopathic Parkinson's disease, a history of levodopa responsiveness for at least 12 months, and a UPDRS Part 3 score of ≥25 points in the "off" state. 14 subjects were randomized to one of three groups (high dose n=5, low dose n=5, and sham n=4).
Top-line data summary:
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