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NASDAQ:VRDN

Viridian Therapeutics Q3 2024 Earnings Report

Viridian Therapeutics logo
$17.45 -1.30 (-6.93%)
As of 02:26 PM Eastern
This is a fair market value price provided by Massive. Learn more.

Viridian Therapeutics EPS Results

Actual EPS
-$1.15
Consensus EPS
-$1.11
Beat/Miss
Missed by -$0.04
One Year Ago EPS
N/A

Viridian Therapeutics Revenue Results

Actual Revenue
$0.09 million
Expected Revenue
$0.08 million
Beat/Miss
Beat by +$10.00 thousand
YoY Revenue Growth
N/A

Viridian Therapeutics Announcement Details

Quarter
Q3 2024
Time
Before Market Opens
Conference Call Date
Tuesday, November 12, 2024
Conference Call Time
7:00AM ET

Viridian Therapeutics Earnings Headlines

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About Viridian Therapeutics

Viridian Therapeutics (NASDAQ:VRDN) (NASDAQ: VRDN) is a clinical-stage biopharmaceutical company focused on the discovery and development of targeted antibody therapeutics for patients suffering from rare and serious diseases. The company’s lead program, VRDN-001, is a fully human monoclonal antibody that antagonizes the insulin-like growth factor-1 receptor (IGF-1R), with an initial focus on thyroid eye disease (TED). By selectively inhibiting IGF-1R signaling, VRDN-001 aims to reduce inflammation and tissue remodeling associated with TED and related disorders.

In addition to VRDN-001, Viridian is advancing a second antibody program, VRDN-002, which targets complement-mediated pathways implicated in autoimmune and inflammatory diseases. Both candidates are being evaluated in multiple clinical trials across North America and Europe, underscoring the company’s commitment to building a robust pipeline of precision biologics. Viridian’s research platform leverages advanced antibody engineering to enhance potency, selectivity and pharmacokinetic properties, supporting the development of differentiated therapies with the potential for best-in-class profiles.

Founded in 2020 and headquartered in Boston, Massachusetts, Viridian was established by a team of experienced biotechnology entrepreneurs and scientists. The company completed its initial public offering in 2021 to secure funding for clinical development and manufacturing scale-up. Under the leadership of Chief Executive Officer Mara Aspinall and Chief Medical Officer Michael Rosenzweig, Viridian has formed strategic partnerships with contract development and manufacturing organizations to support its late-stage programs. Viridian’s global footprint extends through clinical sites and collaborative networks aimed at delivering novel treatments to patients worldwide.

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