MeiraGTx Holdings PLCCompleted acquisition of bota-vec, secured up to $400M investment, and reported strong quarterly results.

MeiraGTx reported second quarter 2026 financial and operational results, highlighted by the completion of its acquisition of botaretigene sparoparvovec from Johnson & Johnson for $25 million and a strategic investment of up to $400 million from Oberland Capital. The company received FDA Breakthrough Therapy Designation for AAV2-hAQP1 and reported positive three-year data from its Phase 1 AQUAx clinical trial for radiation-induced xerostomia. MeiraGTx anticipates submitting global regulatory filings for bota-vec in 2026 and a potential BLA filing for AAV2-hAQP1 in mid-2027. Net income attributable to ordinary shareholders for the quarter was $160.7 million, or $1.76 basic and $1.71 diluted per share, compared to a net loss of $38.8 million in the prior year period. Cash, cash equivalents and restricted cash totaled $145.4 million as of June 30, 2026.
MeiraGTx Holdings PLCCompleted acquisition of bota-vec, secured up to $400M investment, and reported strong quarterly results.
Johnson & Johnson