Crispr Therapeutics AGCasgevy is first FDA-approved CRISPR therapy with 500 patients starting treatment, generating revenue.
CRISPR Therapeutics has launched Casgevy, the first FDA-approved CRISPR-based gene therapy, while Viking Therapeutics remains a clinical-stage company with no approved products. CRISPR reported fiscal 2025 revenue of about $3.5 million and a net loss of close to $581.6 million, with Casgevy priced at $2.2 million per patient per year in the U.S. and about 500 patients starting or about to start treatment. Viking generated no revenue in fiscal 2025 and posted a net loss of approximately $359.6 million, with its lead obesity candidate VK2735 in Phase III trials and Wall Street not expecting revenue until 2028. The analysis favors CRISPR because it has already reached the market, while Viking still faces regulatory risk in a crowded obesity drug field dominated by Eli Lilly and Novo Nordisk.
Crispr Therapeutics AGCasgevy is first FDA-approved CRISPR therapy with 500 patients starting treatment, generating revenue.
Viking Therapeutics IncViking faces regulatory risk in crowded obesity market dominated by Eli Lilly and Novo Nordisk, with no revenue until 2028.
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