Wave Life Sciences Ltd. reported a net loss of $53.9 million for the third quarter of 2025, compared to a net loss of $61.8 million in the same period last year. Cash and cash equivalents were $196.2 million as of September 30, 2025, down from $302.1 million at the end of 2024. After the quarter ended, the company received an additional $72.1 million from ATM proceeds and committed GSK milestones, extending its expected cash runway into the second quarter of 2027. Key business developments included progress with WVE-007 for obesity and WVE-006 for alpha-1 antitrypsin deficiency. The company also continues preparations for a potentially registrational Phase 2/3 study of WVE-003 in Huntington's disease, with an IND submission expected in the second half of 2025.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wave Life Sciences Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9572122-en) on November 10, 2025, and is solely responsible for the information contained therein.
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