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UniQure Plunges 50% After Regulatory Update On Huntington's Gene Therapy Program

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

uniQure N.V. (QURE) dropped 50.27% to $33.66, down $34.03, after announcing that the FDA intends to place a clinical hold on its AMT-130 Huntington's disease program.

The update follows discussions with the agency regarding previously observed MRI findings, and the company expects the hold to be formalized in the coming days.

uniQure said it will work closely with the FDA to address regulatory questions and determine next steps for the program.

QURE opened at $61.49, reached a high of $62.60 and a low of $32.78, compared to a previous close of $67.69 on the NasdaqGS. Trading volume surpassed 12 million shares, far above the average of 430,000. The stock's 52-week range is $31.15 - $83.35.

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