CRSP's Q3 Loss Narrower Than Expected, Sales Miss Estimates
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CRISPR Therapeutics reported mixed Q3 results with a narrower-than-expected loss but sales missing estimates. The commercial launch of Casgevy, the first CRISPR-based gene therapy, is progressing well.
November 06, 2024 | 2:45 pm
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CRISPR Therapeutics reported a narrower-than-expected Q3 loss, but sales missed estimates. The launch of Casgevy, a CRISPR-based gene therapy, is progressing well.
The mixed results with a narrower-than-expected loss could be seen positively, but the sales miss might offset this. The successful launch of Casgevy is a positive development, but the overall impact on the stock price is likely neutral in the short term.
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