earnings
confidence high
sentiment neutral
materiality 0.60
Korro Bio reports FY2024 net loss $83.6M; cash $163.1M; KRRO-110 interim readout H2 2025
Korro Bio, Inc.
- Net loss $83.6M (vs $81.2M in 2023); R&D expenses $63.6M; G&A $30.5M.
- Cash, cash equivalents $163.1M; runway into H2 2026 expected to fund KRRO-110 trial.
- KRRO-110 Phase 1/2a REWRITE trial: completed dosing first two cohorts; no SAEs; interim data H2 2025.
- FDA granted Orphan Drug Designation for KRRO-110 for AATD.
- Collaboration revenue $2.3M from Novo Nordisk partnership; second development candidate expected end 2025.