earnings
confidence high
sentiment positive
materiality 0.75
Voyager Therapeutics reports Q3 net income $17.6M; Pfizer exercises TRACER capsid option
Voyager Therapeutics, Inc.
2022-Q3 EPS reported
-$0.59
revenue$42,457,000
- Collaboration revenue $41.1M (vs $1.5M YoY) driven by $40M Pfizer option exercise recognition.
- Net income $17.6M vs loss of $25.1M; cash $131.6M plus $10M Pfizer payment received in October.
- Pfizer exercised option to license novel capsid; $10M payment, up to $290M in milestones plus tiered royalties.
- Pipeline: lead development candidates for GBA1, SOD1, anti-tau programs expected Q4 2022 to H1 2023.
- Novartis option decision on TRACER capsids for up to 5 targets expected by March 2023.