FDA Lifts MAGNITUDE-2 Hold Refocusing Intellia’s ATTR Value Story
The FDA has lifted the clinical hold on Intellia Therapeutics' MAGNITUDE-2 Phase 3 trial for hereditary transthyretin amyloidosis with polyneuropathy, allowing the company to resume late-stage development of nexiguran ziclumeran. This decision addresses previous safety concerns and is expected to refocus Intellia's value story, although a separate hold on the cardiomyopathy study remains. The market will now focus on the trial's progression and future regulatory updates, as Intellia's stock has seen recent gains despite longer-term declines.
https://simplywall.st/stocks/us/pharmaceuticals-biotech/nasdaq-ntla/intellia-therapeutics/news/fda-lifts-magnitude-2-hold-refocusing-intellias-attr-value-s