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Trexquant cut its stake in biotech firm Adverum amid mixed trial results and regulatory concerns.
As of September 21, 2025, Trexquant Investment Partners reduced its stake in Adverum Biotechnologies, a biopharmaceutical company developing gene therapies for eye diseases, according to regulatory filings.
The exact size of the reduction was not disclosed.
The move follows mixed clinical trial results and regulatory scrutiny, reflecting broader investor caution toward high-risk biotech firms.
ADVM shares dipped slightly in after-hours trading.
Investors are watching upcoming regulatory decisions and trial data for further insight into the company’s prospects.
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Trexquant cortó su participación en la empresa de biotecnología Adverum en medio de resultados mixtos de ensayos y preocupaciones regulatorias.