other material
confidence high
sentiment neutral
materiality 0.60
Prime Medicine FY2025 net loss $201.1M; WD/AATD IND filings on track, CGD BLA planned
Prime Medicine, Inc.
- Net loss $201.1M for FY2025, cash $191.4M providing runway into 2027.
- On track to file IND/CTA for Wilson Disease (1H 2026) and AATD (mid-2026); initial clinical data expected 2027.
- Engaging FDA for PM359 in CGD; plans BLA based on Phase 1/2 data published in NEJM, targeting accelerated approval.
- Workforce reduction and deprioritization of CGD program to focus on in vivo liver franchise.
- CF program preclinical proof-of-concept data expected 2026; BMS CAR-T collaboration continues.