Climate Change Data

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.

Supply Chain Management

Climate-Related Risks & Opportunities