earnings
confidence high
sentiment positive
materiality 0.80
Viridian Q1 net loss $104.9M; veligrotug PDUFA June 30, elegrobart positive data, BLA Q1 2027
Viridian Therapeutics, Inc.\DE
- Cash $762.2M at March 31, 2026, down from $874.7M at Dec 31, 2025; net loss $104.9M vs $86.9M YoY.
- Veligrotug BLA under Priority Review with PDUFA target June 30, 2026; launch-ready with hired field teams.
- Elegrobart (subcutaneous) met primary endpoints in REVEAL-1 (active TED) and REVEAL-2 (chronic TED); proptosis responder rates 50-63% vs 15-18% placebo.
- BLA for elegrobart expected Q1 2027; MAA for veligrotug submitted to EMA and accepted for review.
- SG&A jumped to $38.7M from $17.1M due to commercial prep; R&D flat at $77.6M.