earnings
confidence high
sentiment neutral
materiality 0.60
Design Therapeutics Q1 net loss $17.7M; cash $229.7M funds into 2029
Design Therapeutics, Inc.
2025-Q1 EPS reported
-$0.31
- R&D expenses $15.4M, G&A $5.0M for Q1 2025; net loss $17.7M.
- Cash and securities $229.7M as of March 31, 2025; expected runway into 2029.
- Phase 1 SAD trial ongoing for DT-216P2 (FA); MAD patient study planned mid-2025.
- Favorable Phase 1 data for DT-168 (FECD); Phase 2 biomarker trial planned H2 2025.
- Appointed Chris Storgard, M.D., as Chief Medical Officer in April 2025.