WAVE Life Sciences Reports Second Quarter 2016 Financial Results And Provides Business Update

CAMBRIDGE, Mass.--(BUSINESS WIRE)--WAVE Life Sciences Ltd. (NASDAQ: WVE), a genetic medicines company focused on developing stereopure nucleic acid therapies for patients impacted by rare diseases, today reported financial results for the second quarter ended June 30, 2016 and provided a business update.

“We are continuing to build on the substantial progress made at the start of 2016 and have the science, portfolio of programs, talent and financial runway to achieve our previously stated goals,” said Paul Bolno, M.D., MBA, President and Chief Executive Officer of WAVE Life Sciences. “We are continuing to grow as a company, hiring talented and passionate individuals who are committed to delivering exceptional therapies for patients. In July, we appointed Dr. Michael Panzara as the Head of our Neurology Franchise to accelerate the progress of our neurology portfolio, starting with our two lead programs in Huntington’s disease and Duchenne muscular dystrophy. We have presented promising data on the potential of our exon 51 candidate for DMD, and have received Orphan Drug Designation for our first lead candidate in Huntington’s disease, placing us in a strong position to advance these candidates into the clinic.”
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