earnings
confidence high
sentiment neutral
materiality 0.65
REGENXBIO Q2 net loss $68.2M, revenues up 48%; RGX-314 BLA on track for 2024
REGENXBIO Inc.
2022-Q2 EPS reported
-$3.37
revenue$54,867,000
- Net loss $68.2M ($1.58/share) vs $57.6M ($1.36) in Q2 2021; revenues $32.6M up 48% YoY.
- Cash and marketable securities $682M (down from $849M Dec 2021); runway into 2025.
- RGX-314 (wet AMD/DR) on track for BLA in 2024; pivotal trials enrolling; AAVIATE Cohort 5 complete; ALTITUDE enrollment complete.
- RGX-121: intend to file BLA in 2024 via accelerated approval; pivotal CAMPSIITE trial active enrolling up to 10 patients.
- RGX-202 first patient dosing expected in first half 2023; NAV licensee Zolgensma Q2 sales $379M.