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Sep 30, 2023

Voyager Therapeutics Q3 2023 Earnings Report

Voyager Therapeutics' financial results for Q3 2023 were reported, featuring collaboration revenue of $4.6 million and a net loss of $25.9 million.

Key Takeaways

Voyager Therapeutics reported a net loss of $25.9 million for the third quarter of 2023, with collaboration revenues totaling $4.6 million. The company is advancing its pipeline, including the initiation of GLP toxicology studies for its anti-tau antibody VY-TAU01 and progress in its SOD1 ALS gene therapy program.

GLP toxicology studies initiated for VY-TAU01 anti-tau antibody for Alzheimer’s disease, targeting a 1H 2024 IND filing.

SOD1 ALS gene therapy program is on track for development candidate selection by the end of the year.

Collaboration revenue was $4.6 million for the third quarter of 2023.

Net loss was $25.9 million for the third quarter of 2023.

Total Revenue
$4.61M
Previous year: $41.1M
-88.8%
EPS
-$0.59
Previous year: $0.45
-231.1%
Gross Profit
$3.67M
Previous year: $39.7M
-90.8%
Cash and Equivalents
$253M
Previous year: $96.9M
+161.1%
Free Cash Flow
-$21.8M
Previous year: -$16.5M
+32.4%
Total Assets
$295M
Previous year: $182M
+61.5%

Voyager Therapeutics

Voyager Therapeutics

Voyager Therapeutics Revenue by Segment

Forward Guidance

Voyager anticipates its present cash reserves, along with anticipated reimbursements for development expenditures under the Neurocrine collaborations and interest income, will adequately cover its projected operational costs and capital expenditure demands until mid-2025.