Passage Bio's 2025 net loss narrows

Reuters

03/03

<a href="https://laohu8.com/S/PASG">Passage Bio</a>'s 2025 net loss narrows

Overview

Genetic medicines firm's net loss for 2025 was $45.5 mln, smaller than $64.8 mln loss in 2024
Company advancing upliFT-D study for frontotemporal dementia
Cash runway expected through Q1 2027

Outlook

Passage Bio expects interim safety data from upliFT-D study in 1H 2026
Company aims to declare Huntington's disease clinical candidate in 2H 2026
Passage Bio has cash runway through 1Q 2027

Result Drivers

CLINICAL PROGRESS - Passage Bio advanced its upliFT-D study by enrolling first FTD-GRN patients in Cohort 3 and treating first FTD-C9orf72 patient in Cohort 4
HUNTINGTON'S PROGRAM - Co advancing preclinical program for Huntington’s disease with clinical candidate selection expected in 2H 2026

Company press release: ID:nGNX2PqQgm

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
FY Net Income		-$45.52 mln
FY Income From Operations		-$49.30 mln

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", no "hold" and no "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 Passage Bio Inc is $32.00, about 264.5% above its March 2 closing price of $8.78

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)

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For any other questions or feedback, contact reuters.support@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. 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medical research peer group is \"buy\"</p></li><li><p>Wall Street's median 12-month price target for Passage Bio Inc is $32.00, about 264.5% above its March 2 closing price of $8.78</p></li></ul><p>For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. 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For any other questions or feedback, contact reuters.support@thomsonreuters.com.(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.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}