earnings
confidence high
sentiment positive
materiality 0.75
Passage Bio Q3 net loss $7.7M; cash runway into 1Q 2027; FTD trial enrollment ongoing
Passage BIO, Inc.
2025-Q3 EPS reported
-$10.26
- Cash and marketable securities $52.8M as of Sep 30, 2025; expected to fund operations into 1Q 2027.
- Net loss narrowed to $7.7M ($2.44 per share) vs $19.3M ($6.15) in Q3 2024; R&D and G&A expenses declined.
- Enrolling Cohort 3 (FTD-GRN) and Cohort 4 (FTD-C9orf72) in upliFT-D study; interim data expected in 1H 2026.
- Aligned with FDA on analytical comparability plan for suspension-based PBFT02 manufacturing process.
- On track for FDA feedback on FTD-GRN registrational trial design in 1H 2026.