RegenXBio Inc. ( (RGNX) ) has released its Q1 earnings. Here is a breakdown of the information RegenXBio Inc. presented to its investors.
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REGENXBIO Inc. is a biotechnology company focused on developing gene therapies for rare and retinal diseases, leveraging its proprietary NAV AAV8 vector technology. In its first quarter of 2025, REGENXBIO reported significant progress in its gene therapy programs, with notable advancements in treatments for Duchenne muscular dystrophy, MPS II, and retinal diseases. The company’s financial performance showed a substantial increase in revenues, primarily driven by a strategic partnership with Nippon Shinyaku, resulting in a net income of $6.1 million compared to a loss in the previous year. Key highlights include the ongoing pivotal trials for RGX-202 and the anticipated FDA acceptance of the BLA for RGX-121. The company also announced plans for commercial supply manufacturing and continued collaboration with AbbVie on retinal disease treatments. Looking ahead, REGENXBIO is poised to advance its pipeline and maintain a strong financial position, with expectations to fund operations into the second half of 2026.