In Q3 FY2020, Solid Biosciences reported no revenue and a net loss of $17.98 million. Operating income was negative $57.31 million, and diluted EPS was -$0.52. The company had no cash, equity, or long-term debt disclosed.
•Revenue was $0 in Q3 FY2020.
•Net loss of $17.98 million, with year-over-year improvement of 15.4%.
•Operating loss of $57.31 million, widening 43.1% year-over-year.
•Diluted EPS of -$0.52, improving 11.9% year-over-year.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Solid Biosciences develops therapies for neuromuscular and cardiac diseases in the United States. The company's lead product candidate is SGT-003, which is in phase 1/2 for the treatment of Duchenne muscular dystrophy. It develops SGT-212 for the treatment of Friedreich's ataxia that is in phase 1b clinical trial.
Its portfolio also includes SGT-501 for the treatment of catecholaminergic polymorphic ventricular tachycardia that is in preclinical phase, SGT-601 the treatment of TNNT2-mediated dilated cardiomyopathy, which is in preclinical phase, SGT-401 for the treatment of BAG3-mediated dilated cardiomyopathy that is in preclinical phase, SGT-701 for treatment of rare inherited disease characterized by mutations in the RBM20 gene, which is in discovery phase, and drugs for the treatment of cardiac and diseases.
Additionally, it is involved in developing platform technologies, including capsid libraries. Its portfolio also includes genetic regulators, such as promoters, UTRs, and introns, immunomodulation technologies, manufacturing purity, and dual gene expression, a technology for packaging multiple transgenes into one capsid.
The company has collaboration and license agreement with Ultragenyx Pharmaceutical Inc. A license agreement with the University of Washington, University of Missouri, University of Florida, and ICS Maugeri S.p.A. Incorporated in 2013, Solid Biosciences is headquartered in Charlestown, Massachusetts.
Solid Biosciences Inc. is a biotechnology company focused on developing therapies for neuromuscular and cardiac diseases. Its lead product candidate is SGT-003, a gene therapy currently in phase 1/2 clinical trials for Duchenne muscular dystrophy (DMD). The company also has SGT-212 for Friedreich's ataxia in phase 1b, and several preclinical programs including SGT-501 for catecholaminergic polymorphic ventricular tachycardia, SGT-601 for TNNT2-mediated dilated cardiomyopathy, and SGT-401 for BAG3-mediated dilated cardiomyopathy. Additionally, it is developing platform technologies such as capsid libraries, genetic regulators (promoters, UTRs, introns), immunomodulation technologies, and dual gene expression for packaging multiple transgenes into one capsid.
Where is Solid Biosciences listed and what currency does it trade in?
Solid Biosciences Inc. is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol SLDB. Its shares are traded in US Dollars (USD), as the company is based in the United States. The exchange is a major US stock exchange that hosts many biotechnology and healthcare companies.
What sector and industry does Solid Biosciences belong to?
Solid Biosciences operates in the Healthcare sector, specifically within the Biotechnology industry. Biotechnology companies use biological processes and living organisms to develop products and therapies, often focusing on genetic engineering and molecular biology. Solid Biosciences' work in gene therapies for neuromuscular and cardiac diseases places it firmly in this innovative and research-intensive field.
Where is Solid Biosciences headquartered and what markets does it serve?
Solid Biosciences is headquartered in Charlestown, Massachusetts, United States. The company primarily serves the US market, as indicated by its focus on US-based clinical trials and regulatory pathways. While its therapies target global diseases like Duchenne muscular dystrophy and Friedreich's ataxia, its operations and collaborations are centered in the United States, with partnerships including Ultragenyx Pharmaceutical Inc. and academic institutions such as the University of Washington and University of Florida.
What are the key partnerships and technologies of Solid Biosciences?
Solid Biosciences has a collaboration and license agreement with Ultragenyx Pharmaceutical Inc., as well as license agreements with the University of Washington, University of Missouri, University of Florida, and ICS Maugeri S.p.A. The company is developing several platform technologies, including capsid libraries for improved gene delivery, genetic regulators like promoters and UTRs to control gene expression, immunomodulation technologies to reduce immune responses, and dual gene expression technology that allows packaging multiple transgenes into one capsid. These platforms aim to enhance the efficacy and safety of its gene therapy candidates.