Autolus Therapeutics Reports Third Quarter 2025 Financial Results and Business Updates

Core Insights - Autolus Therapeutics plc reported operational and financial results for Q3 2025, highlighting progress in the launch of AUCATZYL and plans for future growth in various therapeutic areas [1][2][5] Financial Performance - The company achieved net product revenue of $21.1 million for Q3 2025, with a deferred revenue balance of $7.6 million as of September 30, 2025 [4][12] - Cost of sales for the quarter totaled $28.6 million, while research and development expenses decreased from $40.3 million to $27.9 million compared to the same period in 2024 [13][14] - Selling, general and administrative expenses increased from $27.3 million to $36.3 million, primarily due to higher employment-related costs [15] - The net loss for Q3 2025 was $79.1 million, a slight improvement from a net loss of $82.1 million in Q3 2024 [17] Product and Pipeline Updates - AUCATZYL is gaining traction in the market, with over 60 treatment centers activated in the U.S. and coverage for more than 90% of U.S. medical lives [5][6] - Data from the ROCCA Consortium will be presented at the ASH Annual Meeting, showcasing real-world outcomes for AUCATZYL in adult patients with relapsed/refractory acute lymphoblastic leukemia [5][6] - The company is advancing obe-cel into pivotal studies for pediatric ALL and severe lupus nephritis, with promising early data [4][9] Leadership and Operational Changes - Autolus has strengthened its leadership team to support the next phase of growth, appointing Cintia Piccina as U.S. Chief Commercial Officer and Miranda Neville as Chief Technical Officer [8][16] - The company aims to optimize business operations and enhance market growth through strategic planning and operational excellence [11][16] Future Outlook - Autolus is well-capitalized with cash and cash equivalents totaling $367.4 million as of September 30, 2025, to support the commercialization of obe-cel and ongoing clinical trials [18][19] - The company anticipates significant data presentations at upcoming conferences, including initial clinical data from the CATULUS trial and longer-term follow-up from the CARLYSLE trial [11][12]