earnings
confidence high
sentiment neutral
materiality 0.80
Dyne Therapeutics reports FY2024 net loss $317.4M; advances DYNE-101 and DYNE-251 toward accelerated approval
Dyne Therapeutics, Inc.
2024-FY EPS reported
-$3.37
- FDA granted Fast Track designation for DYNE-101 in DM1; registrational expansion cohort enrollment planned mid-2025.
- DYNE-251 in DMD: registrational expansion cohort enrollment targeted Q1 2025; data expected late 2025.
- Cash and equivalents $642.3M at Dec 31, 2024; plus $140.6M from ATM in Q1 2025; runway into H2 2026.
- Q4 2024 net loss $89.5M ($0.88 per share) vs $66.6M (Q4 2023); R&D expenses $81.8M (Q4 2024).
- Potential U.S. accelerated approval submissions for DYNE-101 in H1 2026 and DYNE-251 in early 2026.