TNYA - Gene therapy focused Tenaya Therapeutics down 13%
Tenaya Therapeutics (TNYA -13.0%), which has several gene therapy candidates in preclinical development, is down ssignificantly today. As of 119p, volume was ~40.8K shares. Average daily volume is ~137.1K shares. Last month, Zacks Investment Research upgraded shares from sell to hold. One of its lead programs, TN-201, is an adeno-associated virus ("AAV") based gene therapy for several rare heart conditions. The company plans on filing an IND for the candidate in genetic hypotrophic cardiomyopathy next year. Another lead program, TYA-11631, is a small molecule precision medicine slated for an IND filing for heart failure with preserved ejection fraction and genetic dilated cardiomyopathy in 2022. For more on Tenaya, check out this background article from Avisol Capital Partners.
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Gene therapy focused Tenaya Therapeutics down 13%