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Healthcare - Biotechnology - NASDAQ - US
$ 6.86
-5.38 %
$ 143 M
Market Cap
-1.2
P/E
1. INTRINSIC VALUE

Adverum Biotechnologies, Inc., a clinical-stage gene therapy company, develops gene therapy product candidates to treat ocular and rare diseases. Its lead product candidate is ADVM-022, a single intravitreal injection gene therapy candidate used for the treatment of patients with chronic retinal, including wet age-related macular degeneration and diabetic macular edema. Adverum Biotechnologies, Inc. has license and collaboration agreements with University of California; Cornell University; GenSight; Lexeo; and Virovek. The company was formerly known as Avalanche Biotechnologies, Inc. and changed its name to Adverum Biotechnologies, Inc. in May 2016. Adverum Biotechnologies, Inc. was incorporated in 2006 and is headquartered in Redwood City, California.[ Read More ]

The intrinsic value of one ADVM stock under the base case scenario is HIDDEN Compared to the current market price of 6.86 USD, Adverum Biotechnologies, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart ADVM

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FINANCIALS
3.6 M REVENUE
0.00%
-124 M OPERATING INCOME
21.22%
-117 M NET INCOME
24.18%
-90.9 M OPERATING CASH FLOW
15.90%
96.9 M INVESTING CASH FLOW
-31.64%
69 K FINANCING CASH FLOW
-88.63%
1 M REVENUE
0.00%
-30.7 M OPERATING INCOME
-5.64%
-27.1 M NET INCOME
-46.86%
-21.1 M OPERATING CASH FLOW
-6.45%
-13.3 M INVESTING CASH FLOW
-473.53%
0 FINANCING CASH FLOW
100.00%
Balance Sheet Decomposition Adverum Biotechnologies, Inc.
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Current Assets 103 M
Cash & Short-Term Investments 96.5 M
Receivables 0
Other Current Assets 6.25 M
Non-Current Assets 70.2 M
Long-Term Investments 1.98 M
PP&E 67 M
Other Non-Current Assets 1.23 M
Current Liabilities 24.9 M
Accounts Payable 1.92 M
Short-Term Debt 20.8 M
Other Current Liabilities 2.18 M
Non-Current Liabilities 64.6 M
Long-Term Debt 64.6 M
Other Non-Current Liabilities 0
EFFICIENCY
Earnings Waterfall Adverum Biotechnologies, Inc.
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Revenue 3.6 M
Cost Of Revenue 5.64 M
Gross Profit -2.04 M
Operating Expenses 128 M
Operating Income -124 M
Other Expenses -6.63 M
Net Income -117 M
RATIOS
-56.78% GROSS MARGIN
-56.78%
-3438.64% OPERATING MARGIN
-3438.64%
-3254.58% NET MARGIN
-3254.58%
-140.37% ROE
-140.37%
-67.72% ROA
-67.72%
-130.66% ROIC
-130.66%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Adverum Biotechnologies, Inc.
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Net Income -117 M
Depreciation & Amortization 5.64 M
Capital Expenditures -808 K
Stock-Based Compensation 17.6 M
Change in Working Capital -8.32 M
Others 3.42 M
Free Cash Flow -91.7 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Adverum Biotechnologies, Inc.
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Wall Street analysts predict an average 1-year price target for ADVM of $17.5 , with forecasts ranging from a low of $10 to a high of $28 .
ADVM Lowest Price Target Wall Street Target
10 USD 45.77%
ADVM Average Price Target Wall Street Target
17.5 USD 155.10%
ADVM Highest Price Target Wall Street Target
28 USD 308.16%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Adverum Biotechnologies, Inc.
image
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
2.4 M USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
310 K USD 2
9-12 MONTHS
Date Value Insider Amount Avg Price
3 months ago
Jul 30, 2024
Bought 613 K USD
Leonard Braden Michael
10 percent owner
+ 85800
7.15 USD
4 months ago
Jul 18, 2024
Bought 736 K USD
Leonard Braden Michael
10 percent owner
+ 80718
9.1149 USD
4 months ago
Jul 17, 2024
Bought 1.05 M USD
Leonard Braden Michael
10 percent owner
+ 135546
7.7459 USD
9 months ago
Feb 07, 2024
Bought 135 K USD
Scopa James Paul
Director
+ 100000
1.35 USD
9 months ago
Feb 07, 2024
Bought 176 K USD
Lupher, Jr. Mark L.
Director
+ 130000
1.35 USD
1 year ago
Sep 15, 2023
Sell 9.23 K USD
Seyedkazemi Setareh
Chief Development Officer
- 6071
1.52 USD
1 year ago
Sep 15, 2023
Sell 201 USD
Seyedkazemi Setareh
Chief Development Officer
- 130
1.5486 USD
1 year ago
Jun 07, 2023
Bought 145 K USD
Rubinstein Linda M
Chief Financial Officer
+ 100000
1.4549 USD
1 year ago
Mar 15, 2023
Sell 5.7 K USD
Riley Brigit
Chief Scientific Officer
- 7299
0.7816 USD
1 year ago
Mar 15, 2023
Sell 10.4 K USD
Soparkar Peter
Chief Operating Officer
- 13360
0.7816 USD
1 year ago
Mar 15, 2023
Sell 32.2 K USD
Fischer Laurent
CEO, President and Director
- 41239
0.7816 USD
2 years ago
Sep 19, 2022
Sell 14.2 K USD
Soparkar Peter
See Remarks section
- 13305
1.0697 USD
2 years ago
Sep 19, 2022
Sell 43.9 K USD
Fischer Laurent
CEO, President and Director
- 41082
1.0696 USD
2 years ago
May 23, 2022
Bought 16.8 K USD
Seyedkazemi Setareh
Chief Development Officer
+ 20000
0.84 USD
2 years ago
May 17, 2022
Bought 8.23 K USD
Beckman Richard
Chief Medical Officer
+ 10000
0.8228 USD
2 years ago
May 16, 2022
Bought 25.6 K USD
Svoronos Dawn
director:
+ 30000
0.8526 USD
2 years ago
May 13, 2022
Bought 8.58 K USD
D'Souza Rupert
Chief Financial Officer
+ 10000
0.8585 USD
2 years ago
Apr 20, 2022
Bought 27.8 K USD
Fischer Laurent
CEO, President and Director
+ 25000
1.112 USD
2 years ago
Apr 19, 2022
Bought 24.8 K USD
Soparkar Peter
See Remarks section
+ 21750
1.14 USD
2 years ago
Apr 19, 2022
Bought 199 USD
Soparkar Peter
See Remarks section
+ 175
1.1373 USD
2 years ago
Dec 09, 2021
Bought 26.5 K USD
Fischer Laurent
CEO, President and Director
+ 14323
1.85 USD
2 years ago
Dec 08, 2021
Bought 19.1 K USD
Fischer Laurent
CEO, President and Director
+ 10677
1.79 USD
2 years ago
Dec 08, 2021
Bought 47.8 K USD
Soparkar Peter
See Remarks section
+ 25000
1.91 USD
3 years ago
Nov 15, 2021
Sell 109 K USD
Scopa James Paul
Director
- 50000
2.18 USD
3 years ago
Sep 30, 2021
Sell 10.3 K USD
Clark Julie
Chief Medical Officer
- 4766
2.17 USD
3 years ago
Mar 31, 2021
Bought 200 K USD
Svoronos Dawn
Director
+ 20000
10.0169 USD
3 years ago
Mar 24, 2021
Bought 98.8 K USD
Fischer Laurent
CEO and Director
+ 10000
9.878 USD
3 years ago
Mar 24, 2021
Bought 99.2 K USD
Machado Patrick
Director
+ 10000
9.9196 USD
3 years ago
Feb 09, 2021
Sell 176 K USD
PATTERSON LEONE D
President and CFO
- 12471
14.1 USD
3 years ago
Feb 09, 2021
Sell 877 USD
PATTERSON LEONE D
President and CFO
- 62
14.1393 USD
3 years ago
Jan 15, 2021
Bought 115 K USD
Machado Patrick
Director
+ 10000
11.5174 USD
3 years ago
Jan 15, 2021
Bought 99.2 K USD
Fischer Laurent
CEO and Director
+ 8600
11.5338 USD
4 years ago
Aug 17, 2020
Bought 100 K USD
Soparkar Peter
Chief Legal Officer
+ 7692
13 USD
4 years ago
Aug 17, 2020
Bought 100 K USD
Fischer Laurent
CEO and Director
+ 7692
13 USD
4 years ago
Jul 20, 2020
Sell 88 K USD
Gasmi Mehdi
Director
- 5000
17.5956 USD
4 years ago
Jun 22, 2020
Sell 592 K USD
Gasmi Mehdi
Director
- 23605
25.0632 USD
4 years ago
Jun 17, 2020
Sell 6.7 K USD
Gasmi Mehdi
Director
- 268
25.0101 USD
4 years ago
Jun 18, 2020
Sell 278 K USD
Gasmi Mehdi
Director
- 11127
25.0138 USD
4 years ago
Jun 16, 2020
Sell 325 K USD
PATTERSON LEONE D
President
- 13171
24.68 USD
4 years ago
Jun 15, 2020
Sell 105 K USD
Gasmi Mehdi
Director
- 5000
21.0084 USD
4 years ago
Jun 15, 2020
Sell 31 K USD
Gasmi Mehdi
Director
- 1416
21.9259 USD
4 years ago
Jun 15, 2020
Sell 78.8 K USD
Gasmi Mehdi
Director
- 3425
23.0034 USD
4 years ago
Jun 15, 2020
Sell 3.75 K USD
Gasmi Mehdi
Director
- 159
23.5923 USD
4 years ago
May 20, 2020
Sell 28 K USD
Gasmi Mehdi
Director
- 1401
20.0071 USD
4 years ago
May 21, 2020
Sell 72 K USD
Gasmi Mehdi
Director
- 3599
20.0189 USD
4 years ago
May 18, 2020
Sell 85.1 K USD
Gasmi Mehdi
Director
- 4700
18.1115 USD
4 years ago
May 06, 2020
Sell 501 K USD
Gasmi Mehdi
Director
- 25000
20.0267 USD
4 years ago
May 05, 2020
Sell 163 K USD
Gasmi Mehdi
Director
- 10000
16.2573 USD
4 years ago
May 18, 2020
Sell 5.71 K USD
Gasmi Mehdi
Director
- 300
19.03 USD
4 years ago
Feb 12, 2020
Sell 151 K USD
Gasmi Mehdi
Director
- 10000
15.069 USD
4 years ago
May 06, 2020
Sell 400 K USD
PATTERSON LEONE D
CEO, President and Director
- 20000
20.02 USD
4 years ago
May 06, 2020
Sell 400 K USD
PATTERSON LEONE D
CEO, President and Director
- 20000
20.02 USD
4 years ago
Mar 20, 2020
Sell 402 K USD
PATTERSON LEONE D
CEO, President and Director
- 39526
10.1682 USD
4 years ago
Mar 17, 2020
Sell 4.75 K USD
PATTERSON LEONE D
CEO, President and Director
- 474
10.0195 USD
4 years ago
Feb 18, 2020
Sell 81.2 K USD
Gasmi Mehdi
Director
- 5000
16.2312 USD
4 years ago
Feb 14, 2020
Bought 138 K USD
Scopa James Paul
Director
+ 10000
13.75 USD
4 years ago
Feb 12, 2020
Sell 151 K USD
Gasmi Mehdi
Director
- 10000
15.069 USD
4 years ago
Dec 23, 2019
Sell 429 K USD
PATTERSON LEONE D
CEO, President and Director
- 40000
10.72 USD
4 years ago
Dec 23, 2019
Sell 429 K USD
PATTERSON LEONE D
CEO, President and Director
- 40000
10.72 USD
5 years ago
May 06, 2019
Bought 134 K USD
Scopa James Paul
Director
+ 20000
6.71 USD
9 years ago
Jun 15, 2015
Sell 19.9 K USD
Gasmi Mehdi
SVP,Pharmaceutical Development
- 500
39.862 USD
9 years ago
Jun 15, 2015
Sell 47.5 K USD
Wachter Paul
Director
- 1192
39.862 USD
9 years ago
Jun 15, 2015
Sell 673 K USD
Schwartz Steven Daniel
Director
- 16875
39.862 USD
9 years ago
Jun 11, 2015
Sell 75.9 K USD
Blumenkranz Mark S.
Director
- 1900
39.968 USD
9 years ago
Jun 12, 2015
Sell 140 K USD
Bain Linda
Chief Financial Officer
- 3500
39.9414 USD
9 years ago
Jun 09, 2015
Sell 543 K USD
Blumenkranz Mark S.
Director
- 15300
35.52 USD
9 years ago
Jun 09, 2015
Sell 253 K USD
Blumenkranz Mark S.
Director
- 7000
36.2003 USD
9 years ago
Jun 09, 2015
Sell 7.47 K USD
Blumenkranz Mark S.
Director
- 200
37.35 USD
9 years ago
Jun 10, 2015
Sell 23.9 K USD
Blumenkranz Mark S.
Director
- 600
39.9133 USD
9 years ago
Jun 10, 2015
Sell 186 K USD
Chalberg Thomas W.
Chief Executive Officer
- 5035
36.8883 USD
9 years ago
Jun 10, 2015
Sell 493 K USD
Chalberg Thomas W.
Chief Executive Officer
- 12970
38.0369 USD
9 years ago
Jun 10, 2015
Sell 272 K USD
Chalberg Thomas W.
Chief Executive Officer
- 6995
38.9025 USD
9 years ago
Jun 08, 2015
Sell 20.5 K USD
Wachter Paul
Director
- 541
37.9604 USD
9 years ago
Jun 08, 2015
Sell 18.5 K USD
Wachter Paul
Director
- 475
38.9579 USD
9 years ago
Jun 08, 2015
Sell 7.02 K USD
Wachter Paul
Director
- 176
39.8833 USD
9 years ago
Jun 05, 2015
Sell 200 K USD
Blumenkranz Mark S.
Director
- 5000
40.0828 USD
9 years ago
May 28, 2015
Sell 19 K USD
Gasmi Mehdi
VP, Pharmaceutical Development
- 500
38.018 USD
9 years ago
Jun 04, 2015
Sell 75.3 K USD
Hull Hans
SVP, Business Operations
- 2000
37.6416 USD
9 years ago
Jun 01, 2015
Sell 35.5 K USD
Wachter Paul
Director
- 982
36.1112 USD
9 years ago
Jun 01, 2015
Sell 7.73 K USD
Wachter Paul
Director
- 210
36.8103 USD
9 years ago
Jun 01, 2015
Sell 511 K USD
Schwartz Steven Daniel
Director
- 14157
36.1086 USD
9 years ago
Jun 01, 2015
Sell 114 K USD
Schwartz Steven Daniel
Director
- 3093
36.8102 USD
9 years ago
May 28, 2015
Sell 19 K USD
Gasmi Mehdi
VP, Pharmaceutical Development
- 500
38.018 USD
9 years ago
May 26, 2015
Sell 28.7 K USD
Wachter Paul
Director
- 786
36.5173 USD
9 years ago
May 26, 2015
Sell 11.4 K USD
Wachter Paul
Director
- 304
37.5926 USD
9 years ago
May 26, 2015
Sell 3.91 K USD
Wachter Paul
Director
- 102
38.2968 USD
9 years ago
May 22, 2015
Sell 446 K USD
Schwartz Steven Daniel
Director
- 11679
38.1577 USD
9 years ago
May 22, 2015
Sell 202 K USD
Schwartz Steven Daniel
Director
- 5196
38.8843 USD
9 years ago
May 21, 2015
Sell 19.4 K USD
Gasmi Mehdi
VP, Pharmaceutical Development
- 500
38.87 USD
9 years ago
May 19, 2015
Sell 36.9 K USD
Blumenkranz Mark S.
Director
- 1000
36.9112 USD
9 years ago
May 18, 2015
Sell 42.1 K USD
Wachter Paul
Director
- 1192
35.3069 USD
9 years ago
May 15, 2015
Sell 636 K USD
Blumenkranz Mark S.
Director
- 17975
35.3639 USD
9 years ago
May 15, 2015
Sell 163 K USD
Blumenkranz Mark S.
Director
- 4525
35.997 USD
9 years ago
May 14, 2015
Sell 17.7 K USD
Gasmi Mehdi
VP, Pharmaceutical Development
- 500
35.3125 USD
9 years ago
May 13, 2015
Sell 25 K USD
Blumenkranz Mark S.
Director
- 715
34.9429 USD
9 years ago
May 13, 2015
Sell 9.96 K USD
Bain Linda
Chief Financial Officer
- 285
34.9429 USD
9 years ago
May 11, 2015
Sell 16.7 K USD
Wachter Paul
Director
- 508
32.7987 USD
9 years ago
May 11, 2015
Sell 18.6 K USD
Wachter Paul
Director
- 552
33.7028 USD
9 years ago
May 11, 2015
Sell 4.53 K USD
Wachter Paul
Director
- 132
34.2939 USD
9 years ago
May 11, 2015
Sell 25 K USD
Bain Linda
Chief Financial Officer
- 715
34.9146 USD
9 years ago
May 11, 2015
Sell 62.3 K USD
Blumenkranz Mark S.
Director
- 1785
34.9146 USD
9 years ago
May 08, 2015
Sell 570 K USD
Schwartz Steven Daniel
Director
- 17250
33.0488 USD
9 years ago
May 07, 2015
Sell 16.6 K USD
Gasmi Mehdi
VP, Pharmaceutical Development
- 500
33.2763 USD
9 years ago
May 05, 2015
Sell 750 K USD
Chalberg Thomas W.
Chief Executive Officer
- 25000
30.0037 USD
9 years ago
May 04, 2015
Sell 154 K USD
Hull Hans
SVP, Business Operations
- 5000
30.8698 USD
9 years ago
May 04, 2015
Sell 79 K USD
Bain Linda
Chief Financial Officer
- 2500
31.5888 USD
9 years ago
May 04, 2015
Sell 36.8 K USD
Wachter Paul
Director
- 1192
30.8698 USD
9 years ago
May 01, 2015
Sell 647 K USD
Blumenkranz Mark S.
Director
- 20000
32.3653 USD
9 years ago
Apr 28, 2015
Sell 35.7 K USD
Gasmi Mehdi
VP, Pharmaceutical Development
- 1000
35.667 USD
9 years ago
Apr 27, 2015
Sell 42.4 K USD
Wachter Paul
Director
- 1192
35.6066 USD
9 years ago
Apr 23, 2015
Sell 652 K USD
Schwartz Steven Daniel
Director
- 16875
38.6172 USD
9 years ago
Apr 21, 2015
Sell 39.2 K USD
Gasmi Mehdi
VP, Pharmaceutical Development
- 1000
39.2114 USD
9 years ago
Apr 16, 2015
Sell 1.03 M USD
Blumenkranz Mark S.
Director
- 24800
41.5865 USD
9 years ago
Apr 16, 2015
Sell 8.41 K USD
Blumenkranz Mark S.
Director
- 200
42.04 USD
9 years ago
Apr 13, 2015
Sell 480 K USD
Zygtech, LLC
10 percent owner
- 12274
39.0943 USD
9 years ago
Apr 13, 2015
Sell 294 K USD
Zygtech, LLC
10 percent owner
- 7350
39.9438 USD
9 years ago
Apr 13, 2015
Sell 31.6 K USD
Zygtech, LLC
10 percent owner
- 776
40.6942 USD
9 years ago
Apr 14, 2015
Sell 184 K USD
Zygtech, LLC
10 percent owner
- 4600
39.9268 USD
9 years ago
Apr 13, 2015
Sell 32.4 K USD
Wachter Paul
Director
- 830
39.0958 USD
9 years ago
Apr 13, 2015
Sell 13.5 K USD
Wachter Paul
Director
- 338
39.8475 USD
9 years ago
Apr 13, 2015
Sell 978 USD
Wachter Paul
Director
- 24
40.74 USD
9 years ago
Apr 14, 2015
Sell 39.4 K USD
Gasmi Mehdi
VP, Pharmaceutical Development
- 1000
39.448 USD
9 years ago
Apr 09, 2015
Sell 677 K USD
Schwartz Steven Daniel
Director
- 17050
39.7186 USD
9 years ago
Apr 09, 2015
Sell 8.08 K USD
Schwartz Steven Daniel
Director
- 200
40.3779 USD
9 years ago
Apr 07, 2015
Sell 840 K USD
Blumenkranz Mark S.
Director
- 21774
38.5874 USD
9 years ago
Apr 07, 2015
Sell 28.4 K USD
Blumenkranz Mark S.
Director
- 726
39.0603 USD
9 years ago
Apr 08, 2015
Sell 99.8 K USD
Blumenkranz Mark S.
Director
- 2500
39.9363 USD
9 years ago
Apr 07, 2015
Sell 37.4 K USD
Blumenkranz Mark S.
Director
- 968
38.5875 USD
9 years ago
Apr 07, 2015
Sell 1.25 K USD
Blumenkranz Mark S.
Director
- 32
39.0608 USD
9 years ago
Apr 07, 2015
Sell 1.03 M USD
Hull Hans
SVP, Business Operations
- 26613
38.5874 USD
9 years ago
Apr 07, 2015
Sell 34.6 K USD
Hull Hans
SVP, Business Operations
- 887
39.0603 USD
9 years ago
Apr 07, 2015
Sell 336 K USD
Gasmi Mehdi
VP, Pharmaceutical Development
- 8708
38.5874 USD
9 years ago
Apr 07, 2015
Sell 11.4 K USD
Gasmi Mehdi
VP, Pharmaceutical Development
- 292
39.0603 USD
9 years ago
Jan 13, 2015
Sell 5.55 M USD
Zygtech, LLC
10 percent owner
- 100000
55.46 USD
9 years ago
Jan 13, 2015
Sell 776 K USD
Wachter Paul
Director
- 14000
55.46 USD
9 years ago
Jan 13, 2015
Sell 4.71 M USD
Chalberg Thomas W.
Chief Executive Officer
- 85000
55.46 USD
9 years ago
Jan 13, 2015
Sell 5.55 M USD
Blumenkranz Mark S.
Director
- 100000
55.46 USD
10 years ago
Aug 05, 2014
Bought 6.8 M USD
Venrock Healthcare Capital Partners II, L.P.
10 percent owner
+ 400000
17 USD
10 years ago
Aug 05, 2014
Bought 6.8 M USD
Venrock Associates VI, L.P.
10 percent owner
+ 400000
17 USD
10 years ago
Aug 05, 2014
Bought 10 M USD
REGENERON PHARMACEUTICALS INC
10 percent owner
+ 588235
17 USD
10 years ago
Aug 05, 2014
Bought 2.09 M USD
Flynn James E
10 percent owner
+ 123077
17 USD
7. News
Adverum Biotechnologies Announces Webcast to Report 52-Week LUNA Phase 2 Clinical Data and 4-Year OPTIC Clinical Data, and to Provide Key Pivotal Program Design Elements – Investor & analyst webcast, including a key opinion leader panel, to be held Monday, November 18 th at 7:30 a.m. EST globenewswire.com - 1 day ago
Adverum Biotechnologies (ADVM) Reports Q3 Loss, Tops Revenue Estimates Adverum Biotechnologies (ADVM) came out with a quarterly loss of $1.30 per share versus the Zacks Consensus Estimate of a loss of $1.20. This compares to loss of $3.30 per share a year ago. zacks.com - 1 week ago
Adverum Biotechnologies Reports Third Quarter 2024 Financial Results, Provides Corporate Highlights and Updates Anticipated Milestones - 52-week LUNA and 4-year OPTIC data, alongside Phase 3 trial design updates, anticipated in Q4 2024 - Appointed Jason Mitchell as chief commercial officer - On track to initiate pivotal program in 1H 2025 - $153.2 million in cash, cash equivalents and short-term investments  expected to fund operations into late 2025 REDWOOD CITY, Calif., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Adverum Biotechnologies, Inc. (Nasdaq: ADVM), a clinical-stage company pioneering the use of gene therapy as a new standard of care for highly prevalent ocular diseases, today reported financial results for the third quarter of 2024 and provided updates to anticipated milestones. globenewswire.com - 1 week ago
Adverum Biotechnologies Appoints Jason L. Mitchell as Chief Commercial Officer as it Prepares to Initiate Pivotal Program REDWOOD CITY, Calif., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Adverum Biotechnologies, Inc. (Nasdaq: ADVM), a company pioneering the use of gene therapy as a new standard of care for highly prevalent ocular diseases, today announced the appointment of Jason L. Mitchell as chief commercial officer. Mr Mitchell brings to Adverum over 20 years of commercial experience, including in retinal disease, and most recently oversaw the successful launch of SYFOVRE® in geographic atrophy (GA). In his new role, Mr. Mitchell will be responsible for setting the launch strategy and building the commercial infrastructure for ixoberogene soroparvovec (Ixo-vec), Adverum's potential one-time intravitreal (IVT) injection for the treatment of neovascular or wet age-related macular degeneration (wet AMD). Ixo-vec is currently being evaluated in the Phase 2 LUNA clinical trial. The company plans to announce LUNA 52-week data and pivotal program details in the 4th quarter of 2024. In addition, the company is on track to initiate the Ixo-vec pivotal program in the 1st half of 2025. globenewswire.com - 1 month ago
Adverum Biotechnologies (ADVM) Upgraded to Strong Buy: What Does It Mean for the Stock? Adverum Biotechnologies (ADVM) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term. zacks.com - 1 month ago
Bet on 5 Top-Ranked Stocks With Rising P/E Tap five stocks with increasing P/E ratios to try out an out-of-the-box approach. These stocks include Adverum Biotechnologies (ADVM), IceCure Medical (ICCM), DarioHealth (DRIO), Energous (WATT) and Virgin Galactic (SPCE). zacks.com - 1 month ago
Adverum Biotechnologies Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4) REDWOOD CITY, Calif., Sept. 05, 2024 (GLOBE NEWSWIRE) -- Adverum Biotechnologies, Inc. (Nasdaq: ADVM) today announced that on September 3, 2024, the Compensation Committee of Adverum's Board of Directors granted inducement awards consisting of non-qualified stock options to purchase 12,660 shares of common stock and restricted stock units (RSUs) for 6,330 shares of common stock to 3 new employees under Adverum's 2017 Inducement Plan. The Compensation Committee of Adverum's Board of Directors approved the awards as an inducement material to the new employees' employment in accordance with Nasdaq Listing Rule 5635(c)(4). globenewswire.com - 2 months ago
Adverum Biotechnologies to Participate in Upcoming Fall Investor Conferences REDWOOD CITY, Calif., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Adverum Biotechnologies, Inc. (Nasdaq: ADVM), a clinical-stage company pioneering the use of gene therapy as a new standard of care for highly prevalent ocular diseases, today announced that the company will present at the following upcoming investor conferences: globenewswire.com - 2 months ago
Wall Street Analysts See a 332.28% Upside in Adverum Biotechnologies (ADVM): Can the Stock Really Move This High? The average of price targets set by Wall Street analysts indicates a potential upside of 332.3% in Adverum Biotechnologies (ADVM). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock. zacks.com - 2 months ago
Adverum Biotechnologies to Participate in the H.C. Wainwright 4th Annual Ophthalmology Virtual Conference REDWOOD CITY, Calif., Aug. 02, 2024 (GLOBE NEWSWIRE) -- Adverum Biotechnologies, Inc. (Nasdaq: ADVM), a clinical-stage company pioneering the use of gene therapy as a new standard of care for highly prevalent ocular diseases, today announced that Laurent Fischer, M.D., president and chief executive officer of Adverum Biotechnologies, will participate in a fireside chat at the H.C. Wainwright 4th Annual Ophthalmology Virtual Conference on August 15, 2024 at 2:00 p.m. ET. globenewswire.com - 3 months ago
Is Adverum Biotechnologies (ADVM) Stock Outpacing Its Medical Peers This Year? Here is how Adverum Biotechnologies (ADVM) and Medpace (MEDP) have performed compared to their sector so far this year. zacks.com - 4 months ago
Adverum Biotechnologies, Inc's (ADVM) 26-Week Interim Analysis of the LUNA Phase 2 Trial Update Transcript Adverum Biotechnologies, Inc. (NASDAQ:ADVM ) 26-Week Interim Analysis of the LUNA Phase 2 Trial Update Call July 17, 2024 8:00 AM ET Company Participants Mike Zanoni - Head of IR Laurent Fischer - President & CEO Charles Wykoff - Director of Research, Retina Consultants of Texas Conference Call Participants Joon Lee - Truist Securities Joseph Thome - TD Cowen Francois Brisebois - Oppenheimer Graig Suvannavejh - Mizuho Securities Luca Issi - RBC Capital Daniil Gataulin - Chardan Operator Hello, ladies and gentlemen. Thank you for standing by, and welcome to the Adverum's Webcast to discuss the 26-Week Interim Analysis of the ongoing LUNA Phase 2 trial that was presented earlier today at the 2024 ASRS Annual Meeting. seekingalpha.com - 4 months ago
8. Profile Summary

Adverum Biotechnologies, Inc. ADVM

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COUNTRY US
INDUSTRY Biotechnology
MARKET CAP $ 143 M
Dividend Yield 0.00%
Description Adverum Biotechnologies, Inc., a clinical-stage gene therapy company, develops gene therapy product candidates to treat ocular and rare diseases. Its lead product candidate is ADVM-022, a single intravitreal injection gene therapy candidate used for the treatment of patients with chronic retinal, including wet age-related macular degeneration and diabetic macular edema. Adverum Biotechnologies, Inc. has license and collaboration agreements with University of California; Cornell University; GenSight; Lexeo; and Virovek. The company was formerly known as Avalanche Biotechnologies, Inc. and changed its name to Adverum Biotechnologies, Inc. in May 2016. Adverum Biotechnologies, Inc. was incorporated in 2006 and is headquartered in Redwood City, California.
Contact 800 Saginaw Drive, Redwood City, CA, 94063 https://www.adverum.com
IPO Date July 31, 2014
Employees 121
Officers Dr. Setareh Seyedkazemi Pharm.D. Chief Development Officer Ms. Dena House Chief People Officer Mr. Kishor Peter Soparkar J.D. Chief Operating Officer Dr. Romuald Corbau Ph.D. Chief Scientific Officer Dr. Laurent Fischer President, Chief Executive Officer & Director Ms. Linda M. Rubinstein M.A. Chief Financial Officer, Principal Financial Officer & Principal Accounting Officer Dr. R. Andrew Ramelmeier Ph.D. Chief Technology Officer Dr. Rabia Gurses Ozden M.D. Chief Medical Officer Ms. Carla Fiankan Senior Vice President of Regulatory Affairs Mr. John W. Rakow J.D. Senior Vice President & General Counsel