earnings
confidence high
sentiment negative
materiality 0.70
Entrada Therapeutics reports Q2 net loss of $43.1M; cash runway into Q2 2027; advances DMD trials
Entrada Therapeutics, Inc.
2025-Q2 EPS reported
-$1.47
revenue$22,508,000
- Net loss of $43.1M in Q2 2025 vs net income of $55.0M in Q2 2024; collaboration revenue fell from $94.7M to $2.0M.
- Cash, cash equivalents and marketable securities $354M as of June 30, 2025; expected runway into Q2 2027.
- First patient dosed in ELEVATE-44-201 for DMD exon 44; data from first cohort expected H1 2026.
- Initiated ELEVATE-45-201 for exon 45; first patient dosing on track Q3 2025; cohort 1 data mid-2026.
- Expanded leadership: Navid Khan as SVP Medical Affairs, Kiran Patki as SVP Clinical Development; Maha Radhakrishnan joined Board.
item 2.02item 9.01