Dyne Therapeutics Reports Q1 2025 R&D Expenses Surge to $106.4M, Cash Reserves at $677.5M

Reuters
05-08
Dyne <a href="https://laohu8.com/S/LENZ">Therapeutics</a> Reports Q1 2025 R&D Expenses Surge to $106.4M, Cash Reserves at $677.5M

Dyne Therapeutics Inc. has announced its financial results for the first quarter of 2025. The company reported a net loss of $115.4 million for the quarter ended March 31, 2025, compared to a net loss of $65.6 million for the same period in 2024. The R&D expenses for the quarter were $106.4 million, a significant increase from $44.5 million in the first quarter of 2024. General and administrative expenses decreased to $15.9 million from $24.6 million in the previous year. Dyne Therapeutics also highlighted recent business updates, including a Type C meeting with the FDA for DYNE-101 in DM1 held in May 2025. The company plans to provide a regulatory update following the receipt of meeting minutes. Furthermore, a Registrational Expansion Cohort of the ACHIEVE Trial of DYNE-101 in DM1 was initiated to support a potential submission for U.S. Accelerated Approval in the first half of 2026. Similarly, the Registrational Expansion Cohort of the DELIVER Trial of DYNE-251 in DMD is fully enrolled to support a potential submission for U.S. Accelerated Approval in early 2026. Dyne's cash, cash equivalents, and marketable securities totaled $677.5 million as of March 31, 2025. The company expects that this will be sufficient to fund its operations at least into the second half of 2026.

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. Dyne Therapeutics Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9446988-en) on May 08, 2025, and is solely responsible for the information contained therein.

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