Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Entrada Therapeutics Inc ( (TRDA) ) just unveiled an announcement.
On March 24, 2025, Entrada Therapeutics announced it received authorization from the UK’s Medicines and Healthcare Products Regulatory Agency to initiate ELEVATE-45-201, a Phase 1/2 clinical study of ENTR-601-45 for treating Duchenne muscular dystrophy (DMD) in patients amenable to exon 45 skipping. This study is part of Entrada’s Duchenne franchise, aiming to evaluate the safety, tolerability, and effectiveness of ENTR-601-45. The company plans to start the trial in the UK in the third quarter of 2025, marking a significant step in its strategy to develop three Duchenne programs globally by the end of the year.
More about Entrada Therapeutics Inc
Entrada Therapeutics is a clinical-stage biopharmaceutical company focused on developing a new class of medicines that target intracellular areas previously considered inaccessible. Their proprietary Endosomal Escape Vehicle (EEV™)-therapeutics aim to deliver a range of therapeutics into various organs and tissues, improving the therapeutic index. The company is advancing a portfolio of RNA-, antibody-, and enzyme-based programs for treating neuromuscular, ocular, metabolic, and immunological diseases, with lead programs targeting Duchenne muscular dystrophy (DMD) and myotonic dystrophy type 1.
YTD Price Performance: -39.92%
Average Trading Volume: 117,077
Technical Sentiment Signal: Buy
Current Market Cap: $394.4M
Learn more about TRDA stock on TipRanks’ Stock Analysis page.