Eventide was founded with a vision of “investing that makes the world rejoice.”
Nowhere is this vision of investing more clearly seen than in biotechnology, where human creativity is being channeled to eradicate and treat devastating diseases. Here we find investment opportunities that can result in hope for patients and families.
One such story is for a little girl named Evelyn Villarreal, and for her parents, Milan and Elena.
Evelyn was diagnosed at birth with a rare genetic disease called spinal muscular atrophy type 1 (SMA1). As the name implies, it is a disease that causes the muscles to atrophy. Babies born with SMA1 have little muscle function; they are limp and floppy at birth, and have difficulty nursing and swallowing.
.@NIHDirector on the Hill: 10+ yrs ago, #NIH launched a project on Spinal Muscular Atrophy (SMA) a tragic, inherited disease. In severe form, it leaves babies “floppy.” Nearly all die by 15 months. 10 yrs ago, there was no Tx but we had just discovered DNA mutations causing it pic.twitter.com/e3tIrB3k1Z— NIH (@NIH) August 23, 2018
The disease is caused by a genetic mutation where motor neurons cannot make a necessary protein called SMN (survival motor neuron). And without the ability to make this protein, motor neurons die leading muscles to progressively atrophy to the point where even breathing becomes impossible. The mortality rate is nearly 80% by 24 months and no children with SMA1 are ever able to sit, stand, or walk.
For the parents Milan and Elena, the news that Evelyn had SMA1 was devastating. Unimaginably, they had already lost one child to SMA1, their daughter Josephine, who died at 15 months of age.
Ten years ago, if you were a child born with SMA1, your chance of making it to adulthood was almost 0%. Today, children with SMA1 have a future. How? Biotechnology companies are boldly addressing SMA1 through new treatments such as gene therapy. And investors are capitalizing this important work.
Gene therapy is a targeted treatment that delivers a healthy copy of the right gene to the right cells, promoting normal cellular function. The SMA1 gene therapy uses a virus to deliver a healthy copy of the SMN1 gene to motor neurons so they can produce the protein SMN, thereby enabling normal survival, development, and function.
Evelyn received a gene therapy for SMA1. Here she is, now three years old, doing push-ups!
.@NIHDirector on the Hill: 100% of the kids who got the highest dose of gene therapy were alive at 20 months. Nearly all could talk & feed themselves. And some, like little Evelyn Villarreal, shown here in a video taken two months ago, could talk, walk and even do push-ups! #NIH pic.twitter.com/m9oglIkKml— NIH (@NIH) August 23, 2018
In fact, 100%(!) of the children who received the full dose of the SMA1 gene therapy were alive at 20 months.
We live in the most exciting time in the history of medicine. Advances in biotechnology have now made it possible to meaningfully fight diseases that previously were a death sentence. Through next-generation gene sequencing and targeted gene therapy, scientists have been able to discover, and doctors now treat, the root causes of diseases like SMA1.
Investors in Eventide are doing more than simply investing for their future – as investors, they are partnering with companies that are replacing sorrow with rejoicing in the lives of those like Evelyn, Milan, and Elena. We invite you to join us in this mission.
Learn more about Spinal Muscular Atrophy (SMA) at http://www.curesma.org/
Cover photo by Wes Hicks
This video expresses the views of Eventide Asset Management, LLC ("Eventide"), an investment adviser, and there is no guarantee that any investment strategy will achieve its objectives, generate profits, or avoid losses. Viewers should be aware that Eventide's approach may not produce the desired results, and Eventide's ethical values screening criteria could cause it to underperform other firms that do not have such screening criteria. All investments involve risk, including the possible loss of principal.
Eventide is providing this information for informational purposes only.
The material provided herein has been provided by Eventide Asset Management, LLC and is for informational purposes only. Eventide Asset Management, LLC serves as investment adviser to one or more mutual funds distributed through Northern Lights Distributors, LLC member FINRA/SIPC. Northern Lights Distributors, LLC and Eventide Asset Management, LLC are not affiliated entities.
Agustin Mohedas serves as a Senior Research Analyst for Eventide. He is primarily responsible for evaluating and monitoring new and existing healthcare investment opportunities in the portfolios.
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