other material
confidence high
sentiment positive
materiality 0.75
Editas achieves in vivo preclinical proof of concept for sickle cell; seeks partner for reni-cel
Editas Medicine, Inc.
- Achieved 29% HSPC editing and 20% HbF-expressing red blood cells in humanized mice after single dose using proprietary tLNP.
- Initiated process to partner or out-license reni-cel; engaged Moelis & Company to lead global process.
- Q3 2024 cash, equivalents, and marketable securities ~$265M; ~$320M after $57M upfront from DRI Healthcare.
- On track to present substantive RUBY trial SCD data at ASH December 2024; EdiTHAL data by year-end 2024.
- Company will not host Q3 2024 earnings call; strategic update webinar held October 22, 2024.