OpRegen Clinical Advancements
OpRegen has made significant progress with Genentech opening 8 new clinical sites in the last 6 months, totaling 15 sites. This expansion is a positive sign, supported by promising 36-month analyses showing improvements in retinal structure and visual acuity for patients.
Partnership with William Demant Invest A/S
Lineage secured a partnership with William Demant Invest A/S, expected to fund up to $12 million for the ReSonance program, demonstrating the platform's capability to attract external funding and collaboration.
Cash Runway Extension
Lineage's cash position of $40.5 million is expected to support operations into Q2 2027, extended by one quarter due to the William Demant partnership.
Potential $37 Million Warrant Capital
Lineage may receive approximately $37 million of warrant capital if Roche and Genentech advance OpRegen into a clinical trial with a comparator arm.