Fate Therapeutics Inc. reported total revenue of $1.7 million for the third quarter of 2025, primarily from preclinical development activities under its collaboration with Ono Pharmaceutical. Total operating expenses for the quarter were $36.5 million, including $25.8 million in research and development and $10.6 million in general and administrative expenses. Cash, cash equivalents, and investments totaled $225.7 million as of September 30, 2025. The company projected its operating runway through the end of 2027 with $226 million in available funds. Key business developments included authorization to activate ex-US clinical trial sites for FT819, the treatment of the first systemic sclerosis patient in a Phase 1 study of FT819, and the first patient treated with FT836 in a solid tumor study. Kamal Adawi was appointed Chief Financial Officer during the period. As of September 30, 2025, the company had 115.3 million common shares outstanding, 3.9 million pre-funded warrants, and 2.8 million preferred shares, each convertible into five common shares.
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. Fate Therapeutics Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9575007-en) on November 13, 2025, and is solely responsible for the information contained therein.
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