Entrada Therapeutics reports Q2 EPS (78c), consensus (69c)

Reports Q2 revenue $18.170M, consensus $9.78M. “We are excited to transition into a clinical stage company with the initiation of our planned Phase 1 trial for our lead Duchenne product candidate, ENTR-601-44. There is a profound need for people living with Duchenne who are exon 44 skipping amenable and we look forward to dosing the first participant in the United Kingdom this September,” said Dipal Doshi, President and Chief Executive Officer of Entrada Therapeutics. “Our fundamentals are strong and with the extension of our cash runway through the end of 2025, we believe we are well-positioned to advance our Duchenne franchise and introduce new indications outside of neuromuscular diseases, creating value for patients and shareholders alike.”