earnings
confidence high
sentiment positive
materiality 0.70
Viridian Q1 cash $636.6M; veligrotug BLA on track for H2 2025
Viridian Therapeutics, Inc.\DE
- Cash, cash equivalents, and short-term investments $636.6M at March 31, 2025, down from $717.6M in December 2024; runway into H2 2027.
- R&D expenses $76.8M in Q1 2025 vs $40.9M in Q1 2024, driven by more clinical trials and increased headcount.
- Veligrotug BLA submission to FDA on track for H2 2025; EMA MAA expected in H1 2026.
- Phase 3 topline data for VRDN-003 (subcutaneous TED) expected H1 2026 from REVEAL-1 and REVEAL-2 trials.
- VRDN-006 phase 1 healthy volunteer data expected Q3 2025; VRDN-008 IND submission targeted for year-end 2025.