earnings
confidence high
sentiment neutral
materiality 0.70
Korro Bio reports FY2025 net loss $117.3M, nominates KRRO-121 for UCD/HE; $85M PIPE extends runway to H2 2028
Korro Bio, Inc.
- FY2025 net loss $117.3M vs $83.6M in FY2024, driven by $30.9M non-cash impairment charges on KRRO-110 termination.
- Cash $85.2M at Dec 31, 2025; plus $85M private placement in Mar 2026 extends runway into H2 2028.
- Nominated KRRO-121 for UCD and HE; regulatory filing expected H2 2026.
- GalNAc AATD program achieved >90% in vivo RNA editing; candidate nomination Q2 2026.
- Collaboration revenue $6.4M from Novo Nordisk (paused); R&D expenses $65.6M, G&A $28.2M.