earnings
confidence high
sentiment positive
materiality 0.90
Voyager Therapeutics Q1 net income $124M on $150.5M collaboration revenue; cash $273.3M
Voyager Therapeutics, Inc.
2023-Q1 EPS reported
$2.94
revenue$150,480,000
- Net income of $124.0M in Q1 2023 vs net loss of $21.3M in Q1 2022; collaboration revenue $150.5M (vs $0.7M).
- Cash, cash equivalents and marketable securities $273.3M as of March 31, 2023; plus $25M Novartis option payment received after quarter.
- Neurocrine Biosciences strategic collaboration: $175M upfront, up to $1.5B development milestones, $2.7B commercial milestones.
- Novartis exercised options for novel TRACER capsids: $25M payment, up to $600M milestones and royalties.
- Anti-tau antibody program VY-TAU01; IND filing on track for H1 2024. SOD1 program lead candidate now expected H2 2023.