Company Story
2006 - Adverum Biotechnologies, Inc. was founded as a spin-off from the University of Florida.
2007 - The company raised $13 million in Series A financing to develop gene therapies.
2014 - Adverum changed its name from Avalanche Biotechnologies to Adverum Biotechnologies.
2016 - The company went public with an initial public offering (IPO) and listed on the NASDAQ stock exchange.
2018 - Adverum acquired the gene therapy company, Annapurna Therapeutics.
2020 - The company announced positive results from its Phase 1 trial of ADVM-022 for wet age-related macular degeneration.