earnings
confidence high
sentiment positive
materiality 0.80
REGENXBIO Q2 net income $22.7M; RGX-202 BLA on track; cash runway to Q4 2027
REGENXBIO Inc.
- Net income of $22.7M ($0.43 per share) vs net loss of $70.9M in Q2 2025; revenue $108.0M (incl. $100M AbbVie milestone).
- RGX-202 Phase III AFFINITY DUCHENNE trial met primary endpoint (p<0.0001); BLA submission on track for Q3 2026 with potential accelerated approval 2H 2027.
- RGX-121 BLA resubmission on track for Q3 2026 after positive FDA Type A meeting; no additional studies required.
- Sura-vec (ABBV-RGX-314) pivotal wet AMD data expected Q4 2026; first patient dosed in NAAVIGATE DR study triggered $100M milestone.
- Pro forma cash ~$313M after July 2026 milestone and public offering; cash runway extended into Q4 2027.