other material
confidence high
sentiment positive
materiality 0.70
Viridian Therapeutics Q1: THRIVE TED trial enrollment completed (113 pts); topline data Sept 2024
Viridian Therapeutics, Inc.\DE
- Cash, cash equivalents, and short-term investments of $613.2M as of March 31, 2024, sufficient into H2 2026.
- Net loss of $48.5M for Q1 2024, compared to $68.2M in Q1 2023.
- THRIVE global phase 3 trial in active TED enrolled 113 patients (exceeded target of 90); topline data expected September 2024.
- Positive FDA Type C meeting for VRDN-003 subcutaneous candidate; pivotal program on track to start mid-2024.
- VRDN-006 FcRn inhibitor IND submission on track for year-end 2024; VRDN-008 NHP data expected H2 2024.