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Regenxbio expects available cash and equivalents to fund operations into 2025

REGENXBIO expects its balance in cash, cash equivalents and marketable securities of $565.2M as of December 31, 2022 to fund its operations into 2025. This cash runway guidance is based on the Company’s current operational plans and excludes the impact of any payments that may be received from AbbVie upon the achievement of development or commercial milestones under our RGX-314 collaboration.

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Published first on TheFly

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