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AUDENTES THERAPEUTICS

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AUDENTES THERAPEUTICS - Healthcare showcase

Year Founded & Workforce

2013

500 Employees

Industry

Healthcare

Services

Pompe Disease Treatment
A

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AUDENTES THERAPEUTICS Overview

Company Headquarters: San Francisco, US

Founded: 2013

Workforce: ~500

Company Working: Audentes Therapeutics (Audentes) is a clinical-stage biotechnology company. The company is involved in developing adeno-associated virus-based (AAV) genetic medicines. Audentes is developing AT132, used for the treatment of X-linked myotubular myopathy; AT845, for the treatment of Pompe disease; AT342 to treat Crigler-Najjar syndrome; and AT307 to treat CASQ2 subtype of catecholaminergic polymorphic ventricular tachycardia (CPVT), and is involved developing vector-based antisense treatments for the treatment of myotonic dystrophy.

Strategy

Audentes focused on commercializing and developing gene therapy products for patients living with rare life-threatening diseases such as Pompe disease, X-linked myotubular myopathy, Duchenne muscular dystrophy, and many more. The company has collaborated with Genethon for research & development, manufacture, and commercialization of products used for the treatment of such diseases.

Company Snapshot

$48.8M

Revenue

500

Employees

2013

Founded

San Francisco, US

Headquarters

SWOT Analysis

Strengths

  • Develops novel products
  • Competent management team

Weaknesses

  • Clinical-stage company

Opportunities

  • Focus on emerging economics
  • Growing demand for new therapies for rare diseases

Threats

  • Strict government rules and regulations have increased the cost of operations

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Key Developments

DateApproachDevelopment
December 2019Definitive AgreementAudentes Therapeutics and Astellas Pharma Inc. have entered into a definitive agreement for Astellas to acquire Audentes at a price of USD 60.00 per share in cash, representing a total equity value of approximately USD 3 billion.

Product Offering

  • AUDENTES THERAPEUTICS
    • Pompe Disease Treatment

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: R&D Expenditure rose from USD 48.8 Mn in 2016 to USD 104 Mn in 2018.
AUDENTES THERAPEUTICS — By Business Segment
Series (USD Mn)201620172018
R&D Expenditure48.875.9104

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