in vivo gene editing medicines
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Editas Medicine Announces First Quarter 2025 Results and Business Updates
GlobeNewswire News Room· 2025-05-12 20:30
Core Insights - Editas Medicine is advancing its in vivo gene editing programs, focusing on CRISPR-based therapies, with significant progress reported in the first quarter of 2025 [2][3] - The company plans to present preclinical data at the ASGCT and TIDES conferences, showcasing its innovative approaches in gene editing [6][11] - Editas maintains a strong cash position, with sufficient funds to support operations into the second quarter of 2027 [9] Financial Performance - For Q1 2025, Editas reported a net loss of $76.1 million, or $0.92 per share, compared to a net loss of $62.0 million, or $0.76 per share, in Q1 2024 [13][21] - Collaboration and other research and development revenues increased to $4.7 million in Q1 2025 from $1.1 million in Q1 2024, primarily due to the recognition of deferred revenue from a collaboration agreement [13] - Research and development expenses decreased to $26.6 million in Q1 2025 from $48.8 million in Q1 2024, attributed to the discontinuation of the reni-cel program [13][18] Upcoming Developments - Editas is set to share in vivo preclinical data on targeted lipid nanoparticles for gene delivery to hematopoietic stem and progenitor cells at ASGCT on May 14, 2025 [4][6] - The company will also present data on CRISPR editing to upregulate liver protein expression and reduce disease-associated biomarkers [5][7] - Editas aims to declare two in vivo gene editing development candidates by mid-2025, one targeting hematopoietic stem cells and another for liver cells [1][11] Leadership Changes - Amy Parison has been appointed as Chief Financial Officer, bringing over 18 years of experience in financial management within the life sciences sector [2][8] Intellectual Property - Editas remains confident in its intellectual property position, particularly regarding its CRISPR/Cas9 and Cas12a patent estates, following a recent court ruling [12]
Editas Medicine to Present Preclinical Data Demonstrating Progress in the Development of an in vivo Gene Editing Pipeline at the American Society of Gene and Cell Therapy Annual Meeting
Globenewswire· 2025-04-28 20:31
Core Insights - Editas Medicine announced the acceptance of five abstracts for presentation at the 28th Annual Meeting of the American Society of Gene and Cell Therapy (ASGCT), highlighting its advancements in in vivo gene editing medicines [1][2] Company Developments - The company is making significant progress in preclinical development of in vivo medicines aimed at serious diseases, with a focus on gene upregulation editing strategies [2] - Editas Medicine will present preclinical data that demonstrates its ability to increase protein levels to address diseases caused by genetic mutations [2][4] - The presentations will include proof of concept data from studies using targeted lipid nanoparticles (tLNPs) for delivering gene editing cargo to hematopoietic stem cells [4][5] Presentation Details - An oral presentation titled "In Vivo Delivery of HBG1/2 Promoter Editing Cargo to HSC of Humanized Mouse and Non-Human Primate with Lipid Nanoparticles" is scheduled for May 14, 2025 [3] - Multiple poster presentations will also take place, covering topics such as improved LNP targeting ligands and the design of modified guide RNAs for enhanced gene editing potency [3][5] Research Focus - The research emphasizes in vivo CRISPR editing capabilities, aiming to upregulate target protein expression and reduce disease-associated biomarkers in relevant animal models [4][5] - Editas Medicine is leveraging its exclusive licenses for CRISPR/Cas12a and Cas9 technologies to develop a robust pipeline of transformative gene editing medicines [6]
Editas Medicine Announces Chief Financial Officer Transition
Globenewswire· 2025-03-20 20:01
Core Points - Editas Medicine announced that CFO Erick J. Lucera will step down effective March 28, 2025, to pursue another opportunity, with Amy Parison appointed as the new CFO [1][2][3] Company Leadership Transition - Amy Parison has been promoted to CFO after serving as Senior Vice President of Finance for two and a half years, demonstrating strong financial decision-making and leadership skills [2][4] - Dr. Gilmore O'Neill, President and CEO, expressed confidence in Parison's ability to lead the company financially and continue its mission of developing innovative medicines [2][3] Contributions and Experience - Lucera's contributions included positioning Editas financially and focusing on talent development, which helped prepare Parison for her new role [3][4] - Parison has over 18 years of experience in finance and accounting within the life sciences sector, having held various roles at Editas and previously at Rubius Therapeutics and Vertex Pharmaceuticals [4] Company Overview - Editas Medicine is a pioneering gene editing company focused on developing in vivo medicines using CRISPR technology to treat serious diseases [5]