earnings
confidence high
sentiment positive
materiality 0.75
Tenaya Therapeutics FY2022 net loss $123.7M; TN-201 IND cleared, Phase 1b Q3 2023
Tenaya Therapeutics, Inc.
- Net loss of $33.5M ($0.61/share) in Q4 2022 and $123.7M ($2.76/share) in FY2022.
- Cash and investments $204.2M at year-end; runway expected into first half 2025.
- TN-201 IND for MYBPC3 gene therapy cleared by FDA; Phase 1b dosing planned Q3 2023.
- TN-301 MAD stage dosing commenced; Phase 1 data from SAD/MAD expected H2 2023.
- TN-401 (PKP2 gene therapy) IND submission planned for H2 2023.