Design Therapeutics Reports Third Quarter Net Loss of $17 Million

Reuters
Nov 06
Design <a href="https://laohu8.com/S/LENZ">Therapeutics</a> Reports Third Quarter Net Loss of $17 Million

Design Therapeutics Inc. reported a net loss of $17.0 million for the third quarter ended September 30, 2025. Research and development expenses were $14.6 million, while general and administrative expenses totaled $4.7 million for the period. The company held cash, cash equivalents, and investment securities of $206.0 million as of September 30, 2025. During the quarter, Design Therapeutics announced plans to initiate patient dosing of DT-818 in myotonic dystrophy type-1 in the first half of 2026, obtained ex-US regulatory clearance for DT-818, and continued ongoing trials of DT-216P2 in Friedreich ataxia and DT-168 in Fuchs endothelial corneal dystrophy. The company also appointed Justin Gover to its Board of Directors.

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: GNW9569594-en) on November 05, 2025, and is solely responsible for the information contained therein.

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