earnings
confidence high
sentiment positive
materiality 0.60
Metagenomi Q2 2026: $120.7M cash, IND for MGX-001 hemophilia A on track for 4Q 2026
Metagenomi Therapeutics, Inc.
- Cash, equivalents, and marketable securities $120.7M as of June 30, 2026; runway through 4Q 2027.
- IND application for MGX-001 (hemophilia A) on track for 4Q 2026; IND-enabling studies expected complete by end of Q3 2026.
- R&D expenses flat at $22.5M YoY; G&A down to $6.0M from $7.0M in Q2 2025.
- Two scientific posters won Top Poster Awards at 2026 ISTH Congress in Paris.
- Plans to initiate clinical trials in 2027 subject to regulatory clearance.