AskBio, an independently operated as a subsidiary of Bayer (BAYRY) AG, announced that it has introduced its proprietary, commercially ready manufacturing process to supply ametefgene parvec, an investigational gene therapy for the treatment of Parkinson’s disease and multiple system atrophy-parkinsonian type, following submission of a United States Food and Drug Administration Investigational New Drug Application amendment. This enables AskBio to now advance its Regenerate-PD Phase II clinical trial in the United States with the material produced at the commercial manufacturing facility of AskBio’s wholly owned subsidiary, Viralgen, with other trial sites to follow, using an intensified, high-efficiency, next-generation, large-scale suspension manufacturing process that provides a consistently high-purity product.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BAYRY:
- Bayer’s RELIEF Study Sets the Stage for Real-World Data on Elinzanetant and Menopause Care
- Bayer price target raised to EUR 43 from EUR 23 at Deutsche Bank
- Bayer’s TARA Study: Real‑World Prostate Cancer Data That Could Shape BAYRY’s Outlook
- Bayer’s FIRST-2.0 China Study: Real-World Kidney Data That Could Matter for BAYRY
- Bayer upgraded to Hold from Sell at DZ Bank
