Adverum Biotechnologies

Adverum Biotechnologies is a clinical-stage company specializing in gene therapy for ocular diseases. Their mission is to establish gene therapy as a new standard of care, ultimately developing functional cures to restore vision and prevent blindness. Adverum leverages its proprietary intravitreal (IVT) platform to create durable, single-administration therapies that can be delivered in physicians' offices, eliminating the need for frequent eye injections. Their lead program, ixoberogene soroparvovec (Ixo-vec), is being developed as a one-time injection for patients with wet age-related macular degeneration (wet AMD), a leading cause of blindness globally.

Adverum's approach focuses on transforming retinal cells into biofactories that continually produce and dispense therapeutic doses of aflibercept, a proven anti-VEGF treatment. This long-lasting therapy aims to extend treatment benefit from weeks to years, potentially offering a more convenient and effective solution compared to current standard-of-care injections. Adverum's commitment to innovation, coupled with its focus on high-prevalence diseases like wet AMD, positions them to make a significant impact on the lives of patients suffering from vision loss.

Adverum Biotechnologies offers a flexible work environment, supporting both remote and hybrid work arrangements. The company prioritizes work-life balance and has implemented policies such as "Core Meeting Hours," "no meeting-zones," and encourages employees to utilize paid time off for rest and rejuvenation. While some positions require travel, Adverum strives to create an adaptable and comfortable work environment for its employees.

Adverum Biotechnologies offers a comprehensive benefits package to its employees, including competitive salaries and bonuses, a 401k program with a company match, a stock purchase plan, paid parental leave, health insurance covering 90% of costs for employees and their dependents, prescription drug coverage, supplemental health insurance, life and disability insurance, an employee assistance program, and a travel assistance program. Additionally, they emphasize work-life balance, offering core meeting hours, no-meeting zones, and encouraging employees to take time off.

Adverum Biotechnologies is a clinical-stage company focused on establishing gene therapy as a new standard of care for prevalent ocular diseases. They aspire to develop functional cures that restore vision and prevent blindness, aiming to replace current treatment paradigms that involve frequent eye injections with a single, long-lasting therapy delivered in a physician's office. Their primary focus is on wet age-related macular degeneration (wet AMD), a leading cause of blindness globally, with the goal of transforming the treatment experience for patients and their families, as well as healthcare systems worldwide.

Adverum Biotechnologies promotes a culture that values integrity, patient focus, and innovation. They foster a collaborative and inclusive environment where employees are encouraged to be passionate, curious, and ambitious. The company emphasizes the importance of seeing beyond conventional approaches and strives to create a space where everyone feels safe to share their unique perspectives and experiences. Adverum also offers competitive compensation and benefits packages, and provides opportunities for professional development and growth, making it a desirable workplace for those seeking to contribute to the advancement of gene therapy.

Adverum Biotechnologies recognizes the importance of diversity and inclusion in its workplace. They believe that a diverse workforce fosters a richness of ideas, improves creativity, and enhances innovation. Their diversity and inclusion programs are managed by the People Team, with guidance from Executive Sponsors. Adverum supports employee-led resource groups and actively monitors its Glassdoor score, earning a 4.5/5 rating for diversity. They are committed to equal pay for equal work, conducting a pay equity analysis after each merit and promotion cycle. Adverum aims to create an environment where all employees feel safe, valued, and free to share their views and experiences.