Design Therapeutics Inc. Reports Q2 2025 Net Loss of $19.1 Million; R&D Expenses at $15.7 Million

Reuters
08/08
Design <a href="https://laohu8.com/S/LENZ">Therapeutics</a> Inc. Reports <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Net Loss of $19.1 Million; R&D Expenses at $15.7 Million

Design Therapeutics Inc., a clinical-stage biotechnology company, has reported its financial results for the second quarter of 2025. The company recorded a net loss of $19.1 million for the quarter ended June 30, 2025. Research and development expenses amounted to $15.7 million, while general and administrative expenses totaled $5.8 million for the same period. As of June 30, 2025, Design Therapeutics held $216.3 million in cash, cash equivalents, and investment securities. The company highlighted significant progress in its GeneTAC® programs, notably reporting favorable early human pharmacokinetics data for DT-216P2. This candidate demonstrated consistent translation from non-human primates to humans and showed an improved product profile for its Friedreich Ataxia program compared to the prior formulation. Design Therapeutics also initiated a Phase 2 biomarker study for DT-168 in patients with Fuchs Endothelial Corneal Dystrophy. Additionally, despite receiving a clinical hold notice from the U.S. Food and Drug Administration regarding the starting dose in the U.S. for DT-216P2, the company continues to dose patients in its RESTORE-FA Phase 1/2 multiple-ascending dose trial outside the U.S. Looking ahead, Design Therapeutics plans to select a development candidate for its myotonic dystrophy type-1 program later in 2025 and continues to advance preclinical activities for Huntington's disease.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Design Therapeutics Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9508508-en) on August 07, 2025, and is solely responsible for the information contained therein.

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