Korro Bio, Inc. ( (KRRO) ) has released its Q3 earnings. Here is a breakdown of the information Korro Bio, Inc. presented to its investors.
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Korro Bio, Inc. is a clinical-stage biopharmaceutical company focused on developing genetic medicines through RNA editing to treat both rare and common diseases, operating primarily in the biotechnology sector. In its latest earnings report, Korro Bio highlighted a net loss of $67.2 million for the nine months ending September 30, 2025, compared to a $62.4 million loss in the same period last year. The company reported $5.1 million in collaboration revenue, marking a new revenue stream, while operating expenses increased to $76.6 million from $68.9 million. Key financial metrics included cash and cash equivalents of $24.2 million and marketable securities totaling $78.3 million, reflecting a decrease in total assets from $226.2 million to $161.6 million. The company is actively pursuing its research and development goals, with significant investments in its pipeline, including the KRRO-110 program for Alpha-1 antitrypsin deficiency. Despite the financial losses, Korro Bio remains committed to advancing its RNA editing technology and anticipates further developments in its collaboration with Novo Nordisk. Looking ahead, Korro Bio’s management remains focused on securing additional funding to support ongoing research and development activities, with a cautious yet optimistic outlook on achieving future milestones and potential revenue growth.