Assembly Biosciences NASDAQ: ASMB outlined its antiviral and liver disease development strategy during a fireside chat at the 47th Annual Goldman Sachs Healthcare Conference, highlighting upcoming decisions tied to its herpes simplex virus type 2 program, expansion of its hepatitis delta candidate into cholestatic liver diseases and expected clinical data readouts in 2027 and 2028.
Assembly Biosciences NASDAQ: ASMB is awaiting a key development plan from partner Gilead Sciences for its herpes simplex virus programs while advancing ABI-6250 into multiple liver disease indications, Chief Executive Officer Jason Okazaki said during a Jefferies biotech event.
Assembly Biosciences (ASMB) came out with a quarterly loss of $0.54 per share versus the Zacks Consensus Estimate of a loss of $0.73. This compares to a loss of $1.17 per share a year ago.
| Biotechnology Industry | Healthcare Sector | Jason A. Okazaki CEO | XDUS Exchange | US0453962070 ISIN |
| US Country | 73 Employees | - Last Dividend | 12 Feb 2024 Last Split | 17 Dec 2010 IPO Date |
Assembly Biosciences, Inc., established in 2005 and based in South San Francisco, California, is a biopharmaceutical entity focused on the discovery and advancement of therapeutic solutions aimed at combating hepatitis B virus (HBV) infection. Initially known as Ventrus Biosciences, Inc., the company underwent a rebranding to Assembly Biosciences, Inc. in June 2014. Engaged in cutting-edge research, Assembly Biosciences is pioneering the development of next-generation HBV core inhibitors and exploring innovative small molecule therapies not only for HBV but also for hepatitis delta virus (HDV) and herpesvirus. The company's dedication to tackling viral diseases extends through multiple partnerships and collaborations, including agreements with BeiGene, Ltd., Arbutus Biopharma Corporation, Antios Therapeutics, Inc., Indiana University Research and Technology Corporation, and Gilead Sciences, Inc. These strategic alliances are formed to amplify its research capabilities and bolster the development and commercialization of its groundbreaking therapeutic candidates.