earnings
confidence high
sentiment positive
materiality 0.65
Graphite Bio Q1 net loss $25.8M; on track to dose first SCD patient in H2 2022
LENZ Therapeutics, Inc.
2023-Q1 EPS reported
-$0.48
- Net loss $25.8M ($0.48 per share); R&D spend $18.2M, G&A $7.7M.
- Cash, equivalents and investments $352.1M as of March 31, 2022; runway into Q4 2024.
- GPH101 for sickle cell disease received FDA Fast Track Designation; first patient dosing target H2 2022, proof-of-concept data in 2023.
- GPH102 for beta-thalassemia preclinical data presented at ASGCT; IND submission expected by mid-2024.