Passage Bio reports Q3 net loss of $7.7 million on $52.8 million cash balance

Reuters
2025/11/11
<a href="https://laohu8.com/S/PASG">Passage Bio</a> reports Q3 net loss of $7.7 million on $52.8 million cash balance

Passage Bio Inc. reported a net loss of $7.7 million, or $2.44 per basic and diluted share, for the third quarter ended September 30, 2025, compared to a net loss of $19.3 million, or $6.15 per share, for the same period in 2024. Research and development expenses were $4.3 million, down from $8.7 million in the prior year quarter. General and administrative expenses were $4.3 million, compared to $7.3 million in the previous year. Cash, cash equivalents, and marketable securities totaled $52.8 million as of September 30, 2025, down from $84.8 million the year before. The company expects its cash resources to fund operations into the first quarter of 2027. Passage Bio is actively enrolling patients in its ongoing upliFT-D study and is on track to seek regulatory feedback on its FTD-GRN registrational trial design in the first 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. Passage Bio Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9571642-en) on November 10, 2025, and is solely responsible for the information contained therein.

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