Beam Therapeutics rises on early-stage trial results for gene editing therapy
ReutersMar 10, 2025 12:07 PM
Biotech firm Beam Therapeutics' BEAM.O shares rise 9.7% to $31.24 premarket
BEAM says its experimental gene-editing therapy, BEAM-302, surpassed theoretical threshold for efficacy with the third dose level of 60 mg of the therapy
Three patients received the 60 mg dose in an early-stage study to treat Alpha-1 antitrypsin deficiency (AATD)
AATD is a genetic disorder that occurs when the body doesn't produce enough of the AAT protein which protects lungs and liver
There is a clear path forward for BEAM-302 - brokerage BMO Capital Markets
Co plans to continue testing higher doses in the ongoing study, expects to report further data in H2 2025
BEAM has fallen 23% in the past 12 months
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