earnings
confidence high
sentiment neutral
materiality 0.65
Design Therapeutics reports Q2 net loss of $20.2M; modifies RESTORE-FA trial, delays FECD data
Design Therapeutics, Inc.
- Net loss of $20.2M for Q2 2026; cash and securities of $207.4M at quarter-end.
- RESTORE-FA trial modified: 12-week cohort at 1 mpk, primary endpoint endogenous FXN protein change; data expected Q1 2027.
- Phase 1 MAD trial of DT-818 in DM1 initiated; data expected in 2027.
- Phase 2 FECD trial of DT-168 delayed to 2027 due to supply issue with eye droppers.
- Registrational plan update expected Q4 2026.