Autolus Therapeutics Reports Second Quarter 2025 Financial Results and Business Updates

Core Insights - Autolus Therapeutics plc reported strong early performance for its product AUCATZYL in the U.S., driven by physician enthusiasm and favorable market access, with a net product revenue of $20.9 million for Q2 2025 and $29.9 million for the first half of 2025 [2][4][8] - The company received conditional marketing authorizations for AUCATZYL in the UK and EU, and is focusing on market access strategies in various countries [4][5] - Autolus is advancing its pipeline with ongoing clinical trials for obe-cel in pediatric ALL, systemic lupus erythematosus, lupus nephritis, and progressive multiple sclerosis, with key data expected in the second half of 2025 [2][7][11] Financial Performance - For Q2 2025, Autolus reported a net loss of $47.9 million, an improvement from a net loss of $58.3 million in the same period in 2024, with a basic and diluted net loss per share of $(0.18) compared to $(0.22) [13][19] - Total revenue for the first six months of 2025 was $29.9 million, with a cost of sales amounting to $24.4 million for Q2 2025 [4][9] - Research and development expenses decreased to $27.4 million from $36.6 million year-over-year, while selling, general, and administrative expenses increased to $30.3 million from $21.9 million [10][11] Product Development and Pipeline - AUCATZYL is designed for the treatment of adult patients with relapsed or refractory B-cell precursor acute lymphoblastic leukemia (r/r B-ALL) and has shown promising long-term remission data [4][23] - The company is on track to initiate a Phase 2 pivotal trial in lupus nephritis and a Phase 1 trial in progressive multiple sclerosis by the end of 2025 [4][11] - Preliminary data from the Phase 1 CARLYSLE study in systemic lupus erythematosus is expected to be presented at a medical conference later this year [2][7] Market Access and Regulatory Updates - AUCATZYL has secured coverage for over 90% of total U.S. medical lives, enhancing patient access [5] - The UK Medicines and Healthcare products Regulatory Agency (MHRA) and the European Commission (EC) granted conditional marketing authorizations for AUCATZYL, although market entry in Germany is currently on hold [5][4] - The company plans to address the preliminary Appraisal Consultation Decision (ACD) from NICE, which recommended against funding for AUCATZYL in the UK [5]