Overview
Lyell Q3 adjusted net loss beats analyst expectations
Company acquired global rights to LYL273, a GCC-targeted CAR T-cell product
Initiated PiNACLE - H2H Phase 3 trial for aggressive large B-cell lymphoma
Outlook
Company expects to begin PiNACLE – H2H trial enrollment by early 2026
Lyell anticipates LYL273 Phase 1 trial data update in H1 2026
Current cash expected to support pipeline advancement into 2027
Result Drivers
LESS R&D EXPENSES: Research and development expenses were $28.2 million for the third quarter ended September 30, 2025, compared to $39.5 million for the same period in 2024.
LESS G&A EXPENSES: General and administrative expenses were $10.7 million for the third quarter ended September 30, 2025, compared to $11.8 million for the same period in 2024.
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Adjusted Net Income | Beat | -$29.12 mln | -$45.49 mln (3 Analysts) |
Q3 Net Income | -$38.85 mln |
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the biotechnology & medical research peer group is "buy."
Wall Street's median 12-month price target for Lyell Immunopharma Inc is $12.00, about 43.7% below its November 11 closing price of $17.25
Press Release: ID:nGNXbJ7NZf
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)