Denali Therapeutics reports third quarter net loss of $126.9 million

Reuters11-07
Denali <a href="https://laohu8.com/S/LENZ">Therapeutics</a> reports third quarter net loss of $126.9 million

Denali Therapeutics Inc. reported a net loss of $126.9 million for the third quarter ended September 30, 2025, compared to a net loss of $107.2 million for the same period in 2024. Total research and development expenses were $102.0 million, up from $98.2 million in the prior year quarter, with increases driven by new operations at the company's large molecule manufacturing facility in Salt Lake City, Utah. The company highlighted continued engagement with the FDA regarding the tividenofusp alfa BLA review for MPS II and completed enrollment in the DNL126 Phase 1/2 study for MPS IIIA. Denali also submitted regulatory applications to begin clinical studies with DNL628 for Alzheimer's disease and DNL952 for Pompe disease. Leadership changes include Peter Chin, M.D., assuming the role of Acting Chief Medical Officer following the departure of Carole Ho, M.D.

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