earnings
confidence high
sentiment positive
materiality 0.80
Dyne posts FY2025 net loss $446M; z-rostudirsen BLA submission on track for Q2 2026
Dyne Therapeutics, Inc.
- Net loss $446.2M ($3.47/share) for FY2025 vs $317.4M ($3.37/share) in FY2024; R&D expense $398.3M.
- Cash $1.1B at Dec 31, 2025; expected runway into Q1 2028.
- Z-rostudirsen in DMD met primary endpoint: dystrophin 5.46% of normal (p<0.0001); BLA submission planned Q2 2026.
- Z-basivarsen in DM1: enrollment completion of registrational cohort expected Q2 2026; topline data Q1 2027.
- Advancing four DMD exon-skipping candidates (exons 53, 45, 44, 55) into IND-enabling studies.