Precigen reports third quarter 2023 financial results and progress of clinical programs
– based on fda confirmation in august 2023 that the ongoing phase 1/2 single-arm study of prgn-2012 in rrp will serve as the pivotal study to support bla submission under an accelerated approval request, the company has expedited efforts to attain commercial readiness – – full results of the phase 1 portion of the ongoing phase 1/2 study of prgn-2012 were published in the peer-reviewed journal, science translational medicine, and presented in an oral presentation at the esgct 30th annual congress – – enrollment and dosing was completed in the phase 2 study of prgn-2012 in rrp; phase 2 study completion expected in the second quarter of 2024 – – cash, cash equivalents, short-term and long-term investments totaled $79.0 million as of september 30, 2023; cash runway projected into 2025 – – continued focus on cost containment resulted in a reduction in sg&a costs of 17% for the nine months ended september 30, 2023, compared to the prior year over the same period – germantown, md. , nov. 9, 2023 /prnewswire/ -- precigen, inc. (nasdaq: pgen), a biopharmaceutical company specializing in the development of innovative gene and cell therapies to improve the lives of patients, today announced third quarter 2023 financial results and progress of clinical programs.
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