Avidity Biosciences, Inc.
Climate Impact & Sustainability Data (2022, 2023, 2024, 2024-03-04)
Reporting Period: 2022
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- A serious adverse event reported in a single participant in the 4mg/kg cohort of the MARINA study led to a partial clinical hold on new participant enrollment by the FDA.
Mitigation Strategies
- Avidity is working closely with the FDA and the trial investigator to resolve the partial clinical hold.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2023
Environmental Metrics
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2024
Environmental Metrics
ESG Focus Areas
- Diversity, Equity, and Inclusion (DEI)
Social Achievements
- Surveyed 92 investigators and research staff from 36 clinical trial sites to understand efforts to increase diversity in muscular dystrophy clinical trials.
- Identified 8 actions to promote diversity in clinical trials as mostly or very feasible by at least 80% of respondents.
Climate Goals & Targets
Environmental Challenges
- Lack of diversity in clinical trials, resulting in treatments not tested on a significant portion of the population.
- Variability in sites' knowledge and actions to ensure clinical trial participation matches the disease population.
- Barriers to increasing diversity including non-inclusive trial design, limited access for specific populations, and lack of information about patient population demographics.
- Historical and ongoing exploitation of BIPOC and underrepresented groups in research.
Mitigation Strategies
- Survey to understand current practices and identify feasible actions.
- Initiatives to address barriers such as waiving fees for translation software, providing translated materials, and hiring bilingual recruitment specialists.
- Formation of a DEI committee to increase awareness and develop implementation plans.
- Increased recruitment and inclusion of all patients in disease-specific databases.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2024-03-04
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Partial clinical hold related to AOC 1001, potentially causing delays and additional expenses.
- Potential for inconsistent participant data and differing conclusions from further analysis.
- Risk of unexpected adverse side effects or inadequate efficacy, leading to delays, limitations, or additional clinical holds.