Precision BioSciences Reports Fourth Quarter and Fiscal Year 2022 Financial Results and Provides Business Update
Precision BioSciences, Inc. (Nasdaq: DTIL), a clinical stage gene editing company developing ARCUS®-based ex vivo allogeneic CAR T and in vivo gene editing therapies, today announced financial results for the fourth quarter and fiscal year ended December 31, 2022 and provided a business update.
- Precision BioSciences, Inc. (Nasdaq: DTIL), a clinical stage gene editing company developing ARCUS®-based ex vivo allogeneic CAR T and in vivo gene editing therapies, today announced financial results for the fourth quarter and fiscal year ended December 31, 2022 and provided a business update.
- Responses from the FDA on analytical methods, proposed potency assays, and manufacturing processes are further guiding clinical development.
- The Company also plans to complete Phase 1 dose escalation for PBCAR19B in the earlier line NHL setting.
- Fiscal Year 2022 Financial Results:
Cash and Cash Equivalents: As of December 31, 2022, Precision had $189.6 million in cash and cash equivalents.