other material
confidence high
sentiment neutral
materiality 0.60
Metagenomi reports $160.8M cash, MGX-001 on track for IND in 4Q 2026
Metagenomi Therapeutics, Inc.
- Cash, equivalents and marketable securities $160.8M as of Dec 31, 2025; runway through 4Q 2027.
- R&D expenses $94.4M in FY2025 (down 13.6% from FY2024); G&A $26.8M (down 16.3% from $32.0M).
- MGX-001 hemophilia A pre-IND meeting completed; IND filing expected 4Q 2026, clinical trials in 2027.
- Preclinical NHP data showed curative FVIII levels; in vivo proof-of-concept for Antithrombin deficiency also achieved.
- Corporate name changed to Metagenomi Therapeutics; Ionis collaboration advancing APOC3 target in cardiometabolic indications.