Sep 30, 2021

Precigen Q3 2021 Earnings Report

Announced clinical progress for UltraCAR-T® and AdenoVerse™ therapies.

Key Takeaways

Precigen announced topline summary of the presentations planned for today’s 2021 R&D Day virtual event, showcasing clinical progress for Precigen’s UltraCAR-T platform and the AdenoVerse Immunotherapy platform. Initial data for PRGN-3005 and PRGN-3006 continue to demonstrate favorable safety profiles, dose-dependent expansion, and durable persistence.

50% objective response rate in relapsed or refractory acute myeloid leukemia patients treated with PRGN-3006.

40% objective response rate and 60% disease control rate in recurrent or metastatic human papilloma virus-associated cancer patients treated in the PRGN-2009 combination arm.

Preliminary PRGN-2012 Phase 1 data show encouraging clinical activity, including ongoing reduction/elimination of the need for surgical intervention.

PRGN-3005 and PRGN-3006 UltraCAR-T demonstrate favorable safety profiles with no dose-limiting toxicities or neurotoxicity, dose-dependent in vivo expansion and durable persistence.

Total Revenue
$21.6M
Previous year: $23.6M
-8.6%
EPS
-$0.15
Previous year: -$0.18
-16.7%
Gross Profit
$6.11M
Previous year: $10.4M
-41.2%
Cash and Equivalents
$41.7M
Previous year: $27.7M
+50.4%
Free Cash Flow
-$19.3M
Previous year: -$20M
-3.7%
Total Assets
$377M
Previous year: $336M
+12.1%

Precigen

Precigen