tiprankstipranks
Trending News
More News >

Stoke Therapeutics Advances with Strong Q1 2025 Results

Stoke Therapeutics Advances with Strong Q1 2025 Results

Stoke Therapeutics ( (STOK) ) has released its Q1 earnings. Here is a breakdown of the information Stoke Therapeutics presented to its investors.

Confident Investing Starts Here:

Stoke Therapeutics, a biotechnology company specializing in RNA medicine to restore protein expression, is advancing its lead investigational medicine, zorevunersen, for Dravet syndrome, a severe genetic disorder. In its first quarter of 2025, Stoke Therapeutics reported significant progress, including regulatory alignment for a Phase 3 study of zorevunersen and a strategic collaboration with Biogen. The company has secured $380.3 million in cash and equivalents, expected to fund operations into mid-2028, and reported a net income of $112.9 million for the quarter, a significant turnaround from a loss in the same period last year. Key financial highlights include a substantial increase in revenue to $158.6 million, driven by the collaboration with Biogen, and increased research and development expenses related to the advancement of zorevunersen. Looking ahead, Stoke Therapeutics is poised to initiate the Phase 3 EMPEROR study in the second quarter of 2025, with data expected in the second half of 2027, supporting global regulatory filings and potential commercialization.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1