Scribe Therapeutics Reports Q2 2026 Results and Pipeline Progress

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โดย GlobeNewswire·US·Read original
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Scribe Therapeutics reported its second quarter 2026 financial results, highlighting the initiation of a first-in-human Phase 1 trial for STX-1150, an LDL-C lowering therapy, and the completion of an upsized initial public offering that raised approximately $155.5 million in aggregate gross proceeds. The company also secured over $25 million in grants from the California Institute for Regenerative Medicine to advance two other cardiometabolic programs. As of June 30, 2026, Scribe held $43.0 million in cash, cash equivalents, and marketable securities, which, combined with approximately $140.6 million in net proceeds from the July 2026 IPO and a concurrent private placement to Sanofi, is expected to fund operations into the first half of 2029. The company reported a net loss of $6.5 million for the quarter, compared to a net loss of $9.9 million in the same period last year.

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Biotech & Genomic Medicine · 1 stocks
Scribe Therapeutics Inc. Common Stock
SCTX
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Scribe reported Q2 results, initiated a Phase 1 trial, completed an upsized IPO raising $155.5M, and secured grants, extending cash runway into 2029.

Health Care · 1 stocks

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