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CRISPR Therapeutics Presents New Preclinical Data for CTX460™ Demonstrating In Vivo Gene Correction of Alpha-1 Antitrypsin Deficiency (AATD) Utilizing Novel SyNTase™ Editing Platform
Globenewswire· 2025-10-10 12:00
-Preclinical data presented at the European Society of Gene and Cell Therapy (ESGCT) highlight a potential best-in-class profile- -The AATD program, CTX460, is the first investigational candidate to emerge from the SyNTase editing platform and the Company expects to initiate a clinical trial with CTX460 in mid-2026- -CTX460 showed specific and durable effects, with >90% mRNA correction, a 5-fold increase in total AAT levels, and >99% serum M-AAT:Z-AAT ratio in AATD disease models- ZUG, Switzerland and BOSTO ...
CRISPR Therapeutics to Present Preclinical Data on Alpha-1 Antitrypsin Deficiency (AATD) Utilizing Novel SyNTase Gene Editing Technology at the European Society of Gene and Cell Therapy (ESGCT) 2025 Annual Congress
Globenewswire· 2025-10-01 12:00
ZUG, Switzerland and BOSTON, Oct. 01, 2025 (GLOBE NEWSWIRE) -- CRISPR Therapeutics (Nasdaq: CRSP), a biopharmaceutical company focused on creating transformative gene-based medicines for serious diseases, today announced the acceptance of an abstract for oral presentation at the European Society of Gene and Cell Therapy (ESGCT) 2025 Annual Congress, taking place October 7-10, 2025. The presentation will introduce the Company’s novel SyNTase gene editing technology and highlight its application in single-dos ...
Vertex Pharmaceuticals Incorporated (VRTX) Presents at Bank of America Global Healthcare Conference 2025 Transcript
Seeking Alpha· 2025-09-23 11:53
Group 1 - Vertex is entering a new phase of revenue and commercialization diversification with three ongoing commercial launches: ALYFTREK for cystic fibrosis, CASGEVY for sickle cell disease and beta-thalassemia, and JOURNAVX for acute pain [3] - The company has four ongoing Phase III programs and plans to start a fifth soon, focusing on diabetic peripheral neuropathy in the pain franchise and three in the kidney space [4]
These Analysts Cut Their Forecasts On Vertex Pharmaceuticals After Q2 Results
Benzinga· 2025-08-05 17:58
Core Viewpoint - Vertex Pharmaceuticals Inc reported better-than-expected earnings for the second quarter, with revenue of $2.97 billion exceeding estimates of $2.90 billion and adjusted EPS of $4.52 surpassing estimates of $4.29 [1][2] Financial Performance - The company's revenue for the second quarter was $2.97 billion, compared to estimates of $2.90 billion [1] - Adjusted EPS was reported at $4.52, exceeding the expected $4.29 [1] Product Performance - Vertex's three product launches—ALYFTREK, JOURNAVX, and CASGEVY—contributed to strong revenue growth [2] - The company is advancing its clinical programs alongside product launches [2] Clinical Study Results - Vertex announced topline results from a Phase 2 study of VX-993 for treating acute pain after bunionectomy surgery, which did not show statistically significant improvement on the primary endpoint [3] - The lack of significant results from the clinical study appears to have pressured the company's shares [3] Stock Performance and Analyst Ratings - Following the earnings announcement, Vertex Pharmaceuticals shares fell 18.8% to $383.40 [3] - Analysts adjusted their price targets for Vertex Pharmaceuticals, with several maintaining their ratings but lowering targets significantly [4][9] - Price target adjustments include: - HC Wainwright & Co. from $550 to $478 [9] - Morgan Stanley from $460 to $439 [9] - Stifel from $494 to $455 [9] - Cantor Fitzgerald from $535 to $485 [9] - BMO Capital from $557 to $530 [9] - UBS from $582 to $553 [9] - RBC Capital from $430 to $405 [9] - Scotiabank from $442 to $438 [9] - Truist Securities from $520 to $490 [9]
Vertex(VRTX) - 2025 Q2 - Earnings Call Presentation
2025-08-04 20:30
Financial Performance & Guidance - Q2 2025 total revenues reached $2.96 billion, compared to $2.65 billion in Q2 2024[48] - The company reiterated its 2025 total revenue guidance of $11.85-$12.0 billion[7] - Non-GAAP operating income for Q2 2025 was $1.33 billion, with a 45% operating margin[48] - Non-GAAP net income for Q2 2025 was $1.17 billion, or $4.52 per share diluted[48] - The company expects combined non-GAAP R&D, AIPR&D, and SG&A expenses to be $4.9-$5.0 billion for 2025[49] Key Product Updates - ALYFTREK generated $157 million in revenue in Q2 2025 and is approved for ages 6+ in the U S, U K, EU & Canada[33,48] - CASGEVY generated $30 million in revenue in Q2 2025, with 29 total patients infused since launch[40,48] - JOURNAVX generated $12 million in revenue in Q2 2025, with >110,000 prescriptions successfully filled as of mid-July[47,48] Pipeline Development - The company plans global regulatory submissions for Zimislecel (T1D) in 2026, targeting an initial launch to ~60,000 severe T1D patients[7,12] - Povetacicept (IgAN) Phase 3 interim analysis cohort is fully enrolled, with potential U S filing for accelerated approval in H1 2026[7,19] - VX-407 (ADPKD) Phase 2 proof-of-concept study is set to begin in Q3 2025, targeting up to ~30,000 patients with a subset of variants in the PKD1 gene[7,30]
CRISPR Therapeutics Provides Business Update and Reports Second Quarter 2025 Financial Results
Globenewswire· 2025-08-04 20:15
Core Insights - CRISPR Therapeutics is experiencing significant momentum in both commercial and clinical programs, particularly with the activation of over 75 authorized treatment centers for CASGEVY, which has led to approximately 115 patients having cells collected globally [1][2][3] - The company is advancing multiple clinical trials, including CTX310 targeting ANGPTL3, which has shown promising preliminary data with reductions of up to 82% in triglycerides and 86% in LDL [1][3][7] - CRISPR Therapeutics has a strong financial position with approximately $1.7 billion in cash and marketable securities as of June 30, 2025, despite a net loss of $208.5 million for the second quarter of 2025 [1][14][29] Commercial Programs - CASGEVY, a CRISPR/Cas9 gene-edited cell therapy, is approved in multiple regions including the U.S., EU, and Canada for treating sickle cell disease and transfusion-dependent beta thalassemia [3][12] - The company has achieved its target of activating 75 authorized treatment centers globally, with 29 patients having received infusions of CASGEVY, including 16 in the second quarter of 2025 [1][3] - Reimbursement agreements have been secured in 10 countries, enhancing patient access to CASGEVY [3] Clinical Trials - Ongoing clinical trials for CTX310™ are expected to present complete Phase 1 data in the second half of 2025, with preliminary results indicating significant reductions in triglycerides and LDL [1][3][7] - CTX320™ is in a Phase 1 trial targeting the LPA gene, with updates anticipated in the first half of 2026 [1][3] - CTX112™ and CTX131™ are also in clinical trials targeting CD19 and CD70, respectively, with broad updates expected in the second half of 2025 [1][3][7] Financial Performance - For the second quarter of 2025, CRISPR Therapeutics reported a net loss of $208.5 million, compared to a net loss of $126.4 million in the same period of 2024 [14][29] - Research and development expenses decreased to $69.9 million from $80.2 million year-over-year, primarily due to reduced employee-related costs [14][29] - The total operating expenses for the second quarter were $230.2 million, up from $151.8 million in the previous year, largely due to acquired in-process R&D expenses related to the Sirius Agreement [14][29] Strategic Collaborations - A strategic collaboration with Sirius Therapeutics was established to develop and commercialize small interfering RNA (siRNA) therapies, starting with SRSD107 for thromboembolic disorders [13][20] - The European Medicines Agency has authorized a Phase 2 clinical trial for SRSD107, which aims to evaluate its safety and efficacy in preventing postoperative venous thromboembolism [13][20]
CRISPR Therapeutics Reports Positive Additional Phase 1 Data for CTX310™ Targeting ANGPTL3 and Provides Update on In Vivo Cardiovascular Pipeline
Globenewswire· 2025-06-26 11:00
Core Insights - CRISPR Therapeutics announced new Phase 1 clinical data for CTX310™, showing dose-dependent reductions in triglycerides (TG) by up to 82% and low-density lipoprotein (LDL) by up to 86%, with a favorable safety profile [1][5] - Complete Phase 1 data for CTX310 is expected to be presented at a medical meeting in the second half of 2025 [1][2] - Data update for CTX320™, targeting the LPA gene, is anticipated in the first half of 2026 [1][2] - The preclinical program CTX340™, targeting refractory hypertension, is advancing towards IND/CTA filings [1][7] Company Updates - CRISPR Therapeutics is focused on executing strategic priorities and advancing its innovative therapy portfolio [2] - The ongoing Phase 1 clinical trial for CTX310 reinforces the potential of the platform to transform treatment for serious cardiovascular diseases [2] - CTX310 targets ANGPTL3, a gene associated with regulating LDL and TG levels, addressing a significant unmet medical need for over 40 million patients in the U.S. [5][8] Clinical Trials - CTX310 is in a Phase 1 trial involving patients with various conditions, including homozygous familial hypercholesterolemia and severe hypertriglyceridemia, with eligibility based on specific TG and LDL-C levels [5][8] - The trial has shown promising results with peak reductions in TG and LDL, maintaining a safety profile consistent with previous findings [5] - CTX320 is also in a Phase 1 trial, focusing on patients with elevated lipoprotein(a) [Lp(a)], a risk factor for major adverse cardiovascular events [5][8] Research and Development - CRISPR Therapeutics has established a proprietary lipid nanoparticle platform for delivering CRISPR/Cas9 to the liver, enhancing its in vivo portfolio [8] - The company is advancing additional candidates, including CTX340 for refractory hypertension and CTX450™ for acute hepatic porphyria [8]
CRISPR Therapeutics (CRSP) Earnings Call Presentation
2025-06-25 14:04
CASGEVY & Hemoglobinopathies - CASGEVY, a CRISPR-Cas9 therapy for severe sickle cell disease and beta thalassemia, is approved in multiple jurisdictions, with >65 authorized treatment centers activated globally and ~90 patients having initiated cell collection as of May 1st, 2025[9, 23] - The addressable market for CASGEVY is approximately 60,000 severe patients in approved territories[19] - A new CMMI model aims to improve access and health outcomes for sickle cell disease, potentially reducing U S expenditures by $3 billion annually[21] CAR T Programs - CTX112, an allogeneic CAR T therapy, demonstrated an overall response rate (ORR) of 67% and a complete response rate (CR) of 50% in a Phase I/II trial (N=12) for relapsed or refractory B-cell malignancies[40] - Updated CTX112 data (N=25) showed cell expansion comparable to autologous CAR T therapies, with dose-dependent increases in AUC and Cmax[43, 46] - In a subset of patients receiving CTX112 post-T cell engager (TCE) therapy, the overall response rate was 100% (6 patients)[48] In Vivo Programs - Initial results from the CTX310 Phase 1 dose escalation trial (N=10) showed promising efficacy, with one patient at the 0 8 mg/kg dose level experiencing an 82% reduction in triglycerides from a baseline of 1073 mg/dL at day 30[62, 66] - Preclinical data for CTX320 in NHPs demonstrated ~70% editing of LPA and ~95% reduction in plasma Lp(a) sustained at 2 years at 2 mg/kg dose[73] - CTX320 has the potential to benefit >60 million U S patients with elevated Lp(a)[81] Financials & Outlook - The company has a strong balance sheet with approximately $1 86 billion[15]
Crispr Therapeutics: Betting On A One-Shot Future
Seeking Alpha· 2025-06-13 22:27
Core Insights - The article discusses Crispr Therapeutics AG's diversified gene-editing pipeline and highlights a strong cash position of $2.1 billion, which supports its ongoing projects [1]. Group 1 - The company has a diversified gene-editing pipeline that is crucial for its growth and innovation in the biotech sector [1]. - The strong cash position of $2.1 billion provides a solid financial foundation for the company's research and development efforts [1].
Vertex Pharmaceuticals Incorporated (VRTX) Presents at Goldman Sachs 46th Annual Global Healthcare Conference Transcript
Seeking Alpha· 2025-06-10 22:07
Group 1 - Vertex Pharmaceuticals has successfully launched its fifth CFTR modulator, ALYFTREK, in the U.S. [3] - The company is building momentum for the CASGEVY launch, which is considered a foundational year after 2024 [3] - Vertex has also recently launched JOURNAVX for acute pain management, marking its entry into a new therapeutic area [2][3] Group 2 - The company is focused on executing its launches and expanding its pipeline over the next 12 to 18 months [2] - Vertex is strategically positioned with multiple product launches, enhancing its market presence in both cystic fibrosis and pain management [2][3]