CASGEVY®
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CRISPR Therapeutics Provides Business Update and Reports Third Quarter 2025 Financial Results
Globenewswire· 2025-11-10 13:00
Core Insights - CRISPR Therapeutics has reported strong progress across its portfolio, particularly with CASGEVY® and CTX310®, indicating a robust pipeline and potential for significant revenue growth in the coming years [2][3] CASGEVY® Developments - CASGEVY® is a CRISPR/Cas9 gene-edited cell therapy for sickle cell disease (SCD) and transfusion-dependent beta thalassemia (TDT), approved in multiple regions including the U.S. and Europe [3][13] - Nearly 300 patients have been referred to Authorized Treatment Centers (ATCs), with approximately 165 completing their first cell collection and 39 receiving infusions [5][3] - The company anticipates over $100 million in total CASGEVY revenue for this year, with significant growth expected in 2026 [5][3] Clinical Trials and Pipeline - Positive Phase 1 data for CTX310®, targeting ANGPTL3, was presented at the AHA Scientific Sessions, showing potential to lower triglycerides and LDL [5][3] - Enrollment in two global Phase 3 studies for pediatric development of exa-cel has been completed, with initial data to be presented at the ASH annual meeting [5][3] - Ongoing clinical trials for CTX112™, targeting CD19, are expected to provide broad updates by year-end [5][10] Financial Performance - As of September 30, 2025, the company reported approximately $1.9 billion in cash, cash equivalents, and marketable securities [5][12] - R&D expenses decreased to $58.9 million for Q3 2025 from $82.2 million in Q3 2024, indicating improved cost management [12][26] - The net loss for Q3 2025 was $106.4 million, compared to a net loss of $85.9 million in Q3 2024, reflecting ongoing investment in R&D [12][26] Innovative Technologies - The company is advancing its proprietary SyNTase™ editing platform, which aims to enable precise in vivo gene correction, with CTX460™ expected to enter clinical trials in mid-2026 [5][3] - CTX340™, targeting AGT for refractory hypertension, has shown promising preclinical results, including significant liver editing and blood pressure reduction [6][5] Strategic Collaborations - CRISPR Therapeutics has a strategic collaboration with Vertex Pharmaceuticals for the development of CASGEVY, sharing program costs and profits [14][3] - A partnership with Sirius Therapeutics is focused on developing SRSD107, a long-acting siRNA targeting Factor XI for thromboembolic disorders [19][18]
CRISPR Therapeutics Announces Positive Phase 1 Clinical Data for CTX310® Demonstrating Deep and Durable ANGPTL3 Editing, Triglyceride and Lipid Lowering
Globenewswire· 2025-11-08 14:56
Core Insights - CRISPR Therapeutics announced positive Phase 1 clinical trial results for CTX310, a CRISPR/Cas9 gene-editing therapy targeting ANGPTL3, demonstrating significant reductions in triglycerides and LDL cholesterol after a single intravenous infusion [1][2][11] Clinical Data Summary - The Phase 1 trial showed a mean reduction in circulating ANGPTL3 of -73% (maximum -89%), triglycerides (TG) by -55% (maximum -84%), and low-density lipoprotein (LDL) by -49% (maximum -87%) at the highest dose [1][12] - Among participants with elevated baseline TG (>150 mg/dL), a mean reduction of 60% in TG was observed at therapeutic doses [1][12] - CTX310 was well tolerated with no serious adverse events related to treatment and no significant changes in liver transaminases [1][7][9] Safety and Tolerability - The trial included 15 participants who received ascending doses of CTX310, with all participants completing at least 28 days of follow-up [7][9] - Adverse events were generally mild to moderate, with one allergic reaction and infusion-related reactions in three participants, all of which resolved [8][9] Efficacy Highlights - The results indicate that CTX310 has the potential to provide durable lipid-lowering effects following a single-course IV administration, which could transform treatment for patients with severe dyslipidemia [11] - The study's findings support the advancement of CTX310 into Phase 1b clinical trials, focusing on severe hypertriglyceridemia and mixed dyslipidemia [11] Company Overview - CRISPR Therapeutics is a leading gene editing company focused on developing transformative medicines for serious diseases, with a diversified pipeline that includes CTX310 and other investigational programs targeting cardiovascular diseases [14]
CRISPR Therapeutics Provides First Quarter 2025 Financial Results and Announces Positive Top-Line Data from Phase 1 Clinical Trial of CTX310™ Targeting ANGPTL3
GlobeNewswire News Room· 2025-05-06 20:01
Core Insights - CRISPR Therapeutics has reported promising initial Phase 1 clinical data for CTX310™, showing significant dose-dependent reductions in triglycerides (TG) and low-density lipoprotein (LDL), with reductions of up to 82% in TG and 81% in LDL, alongside a well-tolerated safety profile [1][3][7] - The company continues to advance its innovative therapies, including CASGEVY®, which has over 65 authorized treatment centers activated globally and is expected to see significant patient growth in 2025 [1][6][7] - Ongoing clinical trials for CTX320™ and next-generation CAR T product candidates CTX112™ and CTX131™ are on track, with updates anticipated in 2025 [1][3][7] Financial Overview - As of March 31, 2025, the company has a strong balance sheet with approximately $1.86 billion in cash, cash equivalents, and marketable securities [1][18] - For the first quarter of 2025, research and development expenses were $72.5 million, a decrease from $76.2 million in the same period of 2024, while general and administrative expenses rose to $19.3 million from $18.0 million [18] - The net loss for the first quarter of 2025 was $136.0 million, compared to a net loss of $116.6 million in the first quarter of 2024 [18][27] Clinical Development Highlights - CTX310™ targets the ANGPTL3 gene, which is crucial for regulating LDL and TG levels, addressing a significant patient population in the U.S. affected by elevated LDL and TG levels [3][19] - The ongoing Phase 1 trial for CTX310 has shown that doses DL3 and DL4 resulted in reductions of up to 75% in ANGPTL3 levels, with no severe adverse events reported [3][4][7] - CTX320™ is also in a Phase 1 trial targeting the LPA gene, with updates expected in the second quarter of 2025 [1][3][7] Pipeline and Future Prospects - The company is advancing two preclinical programs, CTX340™ for refractory hypertension and CTX450™ for acute hepatic porphyrias, both in IND/CTA-enabling studies [1][3][19] - CASGEVY® has been approved in multiple jurisdictions for treating sickle cell disease (SCD) and transfusion-dependent beta thalassemia (TDT), with ongoing launches and reimbursement agreements enhancing patient access [1][6][14] - The company plans to present further clinical updates and data at medical meetings in the second half of 2025 [1][7]