earnings
confidence high
sentiment positive
materiality 0.70
Century Therapeutics FY2025 net loss $9.6M; $135M placement extends cash into Q1 2029
Century Therapeutics, Inc.
- Net loss of $9.6M improved from $126.6M in 2024; collaboration revenue from BMS rose to $109.2M (from $6.6M).
- Cash, cash equivalents, and securities $117.1M at Dec 31, 2025; with $135M Jan 2026 placement, runway extended to Q1 2029.
- CNTY-813 (T1D beta islet therapy) IND submission expected Q4 2026; initial clinical data anticipated 2H 2027.
- CNTY-308 (CD19-targeted CAR-iT) on track for clinical entry in 2026; CARAMEL IST data expected later this year.
- Strengthened balance sheet via oversubscribed $135M private placement led by TCGX; new board members appointed.