earnings
confidence high
sentiment positive
materiality 0.75
CRISPR reports Q3 net loss $85.9M; CASGEVY now approved in Switzerland and Canada
CRISPR Therapeutics AG
2024-Q3 EPS reported
-$3.92
revenue$1,623,000
- Net loss $85.9M in Q3 2024 vs $112.2M loss in Q3 2023; cash and securities $1.935B as of Sept 30.
- CASGEVY approved for SCD and TDT in Switzerland and Canada; 45 ATCs activated globally.
- Approximately 40 patients have had cell collections across all regions as of mid-October.
- CTX112 Phase 1 data to be presented at ASH 2024: 67% ORR, 44% CRR in lymphoma patients.
- R&D expenses $82.2M (down from $90.7M); collaboration expense net $11.2M (down from $23.4M).