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Applied Genetic Technologies Corporation Stock Price

NasdaqGM:AGTC Community·US$12.6m Market Cap
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AGTC Share Price Performance

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Snowflake Analysis

Mediocre balance sheet with limited growth.

5 Risks
1 Reward

Applied Genetic Technologies Corporation Key Details

US$325.0k

Revenue

US$21.8m

Cost of Revenue

-US$21.4m

Gross Profit

US$48.8m

Other Expenses

-US$70.2m

Earnings

Last Reported Earnings
Sep 30, 2022
Next Reporting Earnings
n/a
-2.19
-6,596.62%
-21,610.46%
92.6%
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About AGTC

Founded
1999
Employees
102
CEO
Susan Washer
WebsiteView website
agtc.com

Applied Genetic Technologies Corporation, a clinical-stage biotechnology company, develops transformational genetic therapies for patients suffering from rare and debilitating diseases. Its advanced product candidates include three ophthalmology development programs across two targets, including X-linked retinitis pigmentosa, which is in the Phase 1/2 clinical trials; and achromatopsia that is in Phase 1/2 clinical trials. It is also developing an optogenetic product candidate to treat advanced retinal disease. In addition, the company has initiated one preclinical program in otology; preclinical program in dry age-related macular degeneration; and two preclinical programs in targeting central nervous system disorders, including frontotemporal dementia and amyotrophic lateral sclerosis. It has collaboration agreements with University of Florida; Bionic Sight, Inc.; and Otonomy, Inc. The company was incorporated in 1999 and is headquartered in Alachua, Florida.

Recent AGTC News & Updates

Seeking Alpha Jul 26

AGTC receives positive feedback from FDA for manufacturing facility

Applied Genetic Technologies (NASDAQ:AGTC) said the U.S. Food and Drug Administration had provided favorable feedback on the current Good Manufacturing Practice (cGMP) design of AGTC’s manufacturing facility. The facility will support AGTC’s pipeline, including the late-stage development and potential commercialization of its eye diseases therapy like X-Linked Retinitis Pigmentosa (XLRP) and Achromatopsia B3 (ACHMB3) programs. The company said initial operations at the facility are expected to begin in Q4 with GMP capabilities expected to be finalized in Q1 2023. "We expect the facility will also play an important role in support of our promising pipeline of additional clinical and pre-clinical programs," the company said. (AGTC) rose 1.3% premarket.

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