Sangamo Biosciences ( (SGMO) ) has released its Q2 earnings. Here is a breakdown of the information Sangamo Biosciences presented to its investors.
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Sangamo Therapeutics is a genomic medicine company focused on developing treatments for serious neurological diseases, utilizing its zinc finger epigenetic regulators and capsid discovery platform to address unmet medical needs. In its recent earnings report, Sangamo highlighted significant progress in its clinical programs, including positive results from its STAAR study for Fabry disease and the initiation of its STAND study for chronic neuropathic pain.
The company reported a substantial increase in revenues for the second quarter of 2025, primarily due to an upfront license payment from Eli Lilly. Despite a net loss of $20 million, Sangamo’s financial position improved compared to the previous year, with reduced operating expenses driven by strategic realignment and cost management efforts.
Key highlights include the promising results from the STAAR study, which showed positive clinical outcomes for Fabry disease patients, and the initiation of the STAND study, marking Sangamo’s entry into clinical-stage neurology. Additionally, the company is advancing its prion disease program and continues to engage with regulatory agencies for potential approvals.
Looking ahead, Sangamo remains focused on advancing its pipeline, with plans to submit a Biologics License Application for its Fabry disease treatment in early 2026. The company is also actively seeking partnerships to support commercialization efforts, while maintaining a lean operational model to extend its cash runway into late 2025.