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Aug 3, 2026Quarterly update

CRISPR Therapeutics reports Q2 2026 results, expanded CASGEVY approval and new trial starts

FDA cleared CASGEVY for children as young as 2, and the company began Phase 1 trials for CTX340 and CTX460 while cash stood at $2,364.4 million.

CRISPR Therapeutics AG reported second quarter 2026 results on August 3, 2026, highlighting a broadened U.S. approval for CASGEVY (exagamglogene autotemcel) alongside progress across its in vivo and cell therapy pipeline.

The FDA extended CASGEVY's approval to children 2 years of age and older with sickle cell disease or transfusion-dependent beta thalassemia, making it the first genetic therapy indicated for children as young as 2 for both conditions, a decision reached 53 days after filing and opening eligibility to roughly 5,500 additional patients.1 Regulatory submissions have also been completed in Saudi Arabia and the United Kingdom to extend CASGEVY to patients 5 to 11 years old.1 CASGEVY generated $76 million in revenue for the quarter, up 78% from the prior quarter and 151% year over year.1

In the pipeline, CTX340, targeting angiotensinogen for refractory hypertension, received FDA IND clearance and entered a Phase 1 trial.1 CTX460, the company's first candidate from its SyNTase editing platform, targeting SERPINA1 for alpha-1 antitrypsin deficiency, also began a Phase 1 trial.1 CRISPR Therapeutics said data from the Phase 1a trial of CTX310, its ANGPTL3 program, will be presented at the European Society of Cardiology Congress on August 28, with a Phase 1b update expected in the second half of 2026.1 The company also initiated a combination study of zugocabtagene geleucel with pirtobrutinib in aggressive B-cell lymphomas under its Lilly collaboration, with further zugo-cel updates expected later in 2026.1

On finances, cash, cash equivalents, and marketable securities totaled $2,364.4 million as of June 30, 2026, up from $1,975.8 million at year-end 2025, driven mainly by $585.4 million in net proceeds from convertible senior notes issued in March 2026, offset by operating expenses.1 Net loss for the quarter was $91.2 million, compared with $208.5 million in the same period last year.1

Written by readthrough’s AI from the linked primary sources and fact-checked against them automatically before publishing. Not investment advice.