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AveXis to report after close May 11, forgo conference call

May 9, 2017

AveXis, Inc. (NASDAQ:AVXS), a clinical-stage gene therapy company developing treatments for patients suffering from rare and life-threatening neurological genetic diseases, will report financial and operating results for the first quarter ended March 31, 2017, on Thursday, May 11, 2017, after the close of U.S.-based financial markets.

Due to the recent conference call and webcast from the American Academy of Neurology Annual Meeting on April 25, 2017, the company will not host a conference call on May 11, 2017. The company expects to host the next call following the receipt of the minutes from the Chemistry, Manufacturing and Controls meeting with the U.S. Food and Drug Administration, expected approximately 30 days following the meeting, which took place May 1, 2017.

About SMA
SMA is a severe neuromuscular disease characterized by the loss of motor neurons leading to progressive muscle weakness and paralysis. SMA is caused by a genetic defect in the SMN1 gene that codes SMN, a protein necessary for survival of motor neurons. The incidence of SMA is approximately one in 10,000 live births. SMA is the leading genetic cause of infant mortality.

The most severe form of SMA is Type 1, a lethal genetic disorder characterized by motor neuron loss and associated muscle deterioration, which results in mortality or the need for permanent ventilation support before the age of two for greater than 90 percent of patients.

About AVXS-101
AVXS-101 is a proprietary gene therapy candidate of a one-time treatment for SMA Type 1 and is designed to address the monogenic root cause of SMA and prevent further muscle degeneration by addressing the defective and/or loss of the primary SMN1 gene. AVXS-101 also targets motor neurons, providing rapid onset of effect and crosses the blood brain barrier allowing an IV dosing route and effective targeting of both central and systemic features.

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