earnings
confidence high
sentiment neutral
materiality 0.65
Taysha Q1 net loss $24.1M; TSHA-102 advances to high-dose cohort, gets RMAT designation
Taysha Gene Therapies, Inc.
2024-Q1 EPS reported
-$0.10
revenue$3,411,000
- Q1 net loss of $24.1M ($0.10/share) vs $17.6M loss a year ago; R&D expenses $20.7M.
- FDA granted RMAT designation for TSHA-102 for Rett syndrome based on early safety/efficacy data.
- Completed low-dose cohort in REVEAL adult trial; enrolled first patient in high-dose (1x10^15 vg) for Q2 dosing.
- Second pediatric patient dosed in low-dose cohort; initial data from both trials expected mid-2024.
- Cash $124M; expects to fund operations into 2026.