Entrada Therapeutics reports Q1 EPS 68c, consensus (59c)

Reports Q1 revenue $59.12M, consensus $14.98M. “The first quarter of 2024 was a period of significant clinical progress for Entrada. We initiated dosing for the fourth and final cohort of our Phase 1 clinical trial of ENTR-601-44 for DMD and our partner Vertex announced that enrollment and dosing are underway in their global Phase 1/2 clinical trial of VX-670 for DM1,” said Dipal Doshi, Chief Executive Officer of Entrada Therapeutics. “With two neuromuscular programs from Entrada’s development pipeline now in the clinic and a cash runway expected through the second quarter of 2026, we believe we are well positioned to execute on several important clinical milestones across our pipeline of intracellular therapeutic candidates in 2024 and beyond.”