earnings
confidence high
sentiment neutral
materiality 0.75
CRISPR Q3 net loss narrows; exa-cel PDUFA: Dec 8 (SCD) & Mar 30, 2024 (TDT)
CRISPR Therapeutics AG
2023-Q3 EPS reported
-$3.07
revenue$170,000,000
- PDUFA target action date for exa-cel in sickle cell disease: Dec 8, 2023; for beta thalassemia: March 30, 2024.
- Net loss narrowed to $112.2M in Q3 2023 from $174.5M in Q3 2022; cash $1.74B.
- R&D expenses decreased to $90.7M from $116.6M; G&A down to $18.3M from $27.0M.
- Initiated Phase 1 trial for CTX310 targeting ANGPTL3; CTX320 on track for clinic in H1 2024.
- Proposed election of Sandy Mahatme to Board at 2024 annual meeting.