earnings
confidence high
sentiment neutral
materiality 0.70
Prime Medicine Q3 net loss $50.6M; cash $227M funds into 2027; AATD candidate nominated
Prime Medicine, Inc.
2025-Q3 EPS reported
-$1.11
revenue$3,794,000
- Net loss $50.6M vs $52.5M in Q3 2024; R&D spend $44.0M (+9% YoY) driven by license costs.
- Cash and investments $227M; company expects runway into 2027 under current plans.
- Nominated PM647 as AATD development candidate; IND/CTA on track for mid-2026 with clinical data in 2027.
- Wilson's Disease program PM577 on track for IND/CTA in H1 2026; initial data expected in 2027.
- Appointed Matthew Hawryluk, Ph.D., M.B.A. as Chief Business Officer to lead strategy and partnerships.