Ultragenyx stock rises as Genglycos wins FDA's accelerated approval as the first treatment targeting the underlying cause of GSDIa, boosting its rare-disease portfolio.
Ultragenyx Pharmaceutical NASDAQ: RARE said the U.S. Food and Drug Administration has approved GENGLYCOS, also known as DTX401, for glycogen storage disease type 1A, or GSD1A. The approval marks the company's first gene therapy approval and its fifth approved medicine.
Ultragenyx Pharmaceutical is rated a soft Buy at $26.75, with a probability-weighted fair value of ~$32 per share. Two near-term FDA decisions: DTX401 on Aug 23 and another for UX111 on Sept 19. DTX401 has a cleaner regulatory case, but UX111 has a credible approval path. Using 80% approval odds for DTX401 and 65% for UX111, our probability-weighted value is approximately $32 per share versus a current share price near $27.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Curtis Ellergodt Rothschild Investment LLC | 1,116 | $23,513.26 | $29,607.48 | $6,094.22 | 25.92% |
| ABB Alexander Bjornager Bonde Danske Bank A/S | 100 | $2,300 | $2,653 | $353 | 15.35% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 30 | $854.74 | $779.05 | -$75.69 | -8.86% |
| SN Stephanie Nee HARBOR CAPITAL ADVISORS Inc. | 72,316 | $1.52M | $1.87M | $358,687.36 | 23.68% |
| BG Bart Gancher Intech Investment Management LLC | 17,316 | $502,683.5 | $464,068.8 | -$38,614.7 | -7.68% |
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Kristen Kluska Cantor Fitzgerald | 2,907.5 | $76,351 | $77,136.03 | $785.03 | 1.03% |
Anupam Rama JP Morgan | 1,502.14 | $38,815.38 | $39,851.86 | $1,036.48 | 2.67% |
| JH Jeffrey Hung Morgan Stanley | 3,095.81 | $79,995.84 | $81,760.46 | $1,764.62 | 2.21% |
Yigal Nochomovitz Citigroup | 229.97 | $5,822.81 | $5,797.52 | -$25.29 | -0.43% |
| Biotechnology Industry | Healthcare Sector | Emil D. Kakkis CEO | NASDAQ (NGS) Exchange | 90400D108 CUSIP |
| US Country | 1,371 Employees | - Last Dividend | - Last Split | 31 Jan 2014 IPO Date |
Ultragenyx Pharmaceutical Inc. is a pioneering biopharmaceutical firm dedicated to the discovery, acquisition, development, and commercialization of innovative products for the diagnosis and treatment of rare and ultra-rare genetic disorders across North America, Latin America, Japan, Europe, and globally. Founded in 2010 and based in Novato, California, Ultragenyx operates at the forefront of medical research into genetic diseases, collaborating with esteemed institutions and companies such as Kyowa Kirin Co., Ltd., Saint Louis University, Baylor Research Institute, REGENXBIO Inc., and others to advance its mission. This fruitful collaboration ensures a robust pipeline of therapeutic candidates designed to address some of the most challenging and underserved medical needs.
The innovation at Ultragenyx spans several biologic products targeting a variety of rare genetic diseases, alongside a diverse pipeline of product candidates in various stages of development: