Precision BioSciences Q3 net loss narrows 65% to $7.59 million
Bitget2026/11/03 12:10- Precision BioSciences' third-quarter 2026 net loss narrowed 65% year-over-year to $7.59 million, primarily due to noncash warrant liability fair-value gains.
- Revenue fell to none, while operating expenses declined to $20.43 million from a year earlier.
- Cash, cash equivalents and restricted cash totaled $108.03 million at September 30, with expected funding runway through 2028.
- PBGENE-HBV clinical data will feature in a late-breaking oral presentation at AASLD's Liver Meeting on November 8.
- The first patient received PBGENE-DMD in August, with initial safety data targeted for year-end 2026.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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