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uniQure (QURE) Stock Surges 36% Following FDA Official’s Departure

uniQure (QURE) Stock Surges 36% Following FDA Official’s Departure

Author:

Global Cryptocurrency

Published:

2026-03-09 15:19:02

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BTCCSquare news:

uniQure's shares skyrocketed 36% after Vinay Prasad, director of the FDA's Center for Biologics Evaluation and Research, announced his departure. Prasad had overseen the regulatory handling of uniQure's Huntington's disease drug AMT-130, which faced scrutiny for alleged data manipulation in its phase 1/2 trial.

RBC Capital upgraded QURE from Sector Perform to Outperform, raising its price target from $11 to $35. The news also lifted other biotech stocks, with REGENXBIO (RGNX) gaining 13% and Biohaven (BHVN) up 23%.

The FDA had previously rejected AMT-130, citing concerns over natural history data comparisons and demanding a costly phase 3 trial. uniQure has a Type B meeting scheduled for Q2 2026 to address these issues.

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