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Unity Biotechnology reports Q1 EPS (43c), consensus (40c)

Cash, cash equivalents and marketable securities totaled $16.9M as of March 31 compared with $23.2M as of December 31, 2024. Unity believes that current cash, cash equivalents and marketable securities are sufficient to fund operations into the fourth quarter of 2025. “The 24-week data indicates that UBX1325, acting via a novel mechanism of action, can lead to vision improvement in patients with inadequate response to standard of care,” said Anirvan Ghosh, chief executive officer of Unity. “The full 36-week data will be instrumental in shaping our plans for subsequent studies.”

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