earnings
confidence high
sentiment positive
materiality 0.65
Neurogene reports Q1 net loss of $22.6M; cash $292.6M; NGN-401 trial on track
Neurogene Inc.
2025-Q1 EPS reported
-$1.08
- Net loss of $22.6M for Q1 2025 vs $16.9M Q1 2024; R&D expenses rose to $17.8M from $13.5M.
- Cash, equivalents and short-term investments of $292.6M as of March 31, 2025; runway into H2 2027.
- NGN-401 gene therapy for Rett syndrome: registrational trial plan update expected in H1 2025; interim clinical data in H2 2025.
- Enrolling additional participants in Phase 1/2 trial; pediatric cohort (age 4-10, N=8) and older cohort (11+, N=3).
- Peer-reviewed publication in Science Translational Medicine validating EXACT transgene regulation technology.