Caribou Biosciences reports third quarter revenue of $2.2 million

Reuters11-13

<a href="https://laohu8.com/S/CRBU">Caribou Biosciences</a> reports third quarter revenue of $2.2 million

Caribou Biosciences Inc. reported $159.2 million in cash, cash equivalents, and marketable securities as of September 30, 2025, down from $249.4 million as of December 31, 2024. The company recorded $2.2 million in revenue from licensing and collaboration agreements for the third quarter of 2025, compared to $2.0 million for the same period in 2024. Research and development expenses were $22.4 million, down from $30.4 million the previous year, while general and administrative expenses were $9.2 million, compared to $9.8 million for the same period in 2024. Caribou highlighted continued progress in its clinical programs, including CB-011 for multiple myeloma and vispa-cel (CB-010) for lymphoma, and expects its cash resources to fund its operating plan into the second half of 2027. The company is exploring additional funding options for its planned vispa-cel pivotal trial.

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. Caribou Biosciences Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9574335-en) on November 12, 2025, and is solely responsible for the information contained therein.

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