Passage Bio Reports Fourth Quarter and Full Year 2024 Financial Results and Provides Recent Business Highlights
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Passage Bio, Inc. (Nasdaq: PASG) reported its financial results for Q4 and full year 2024, highlighting advancements in its PBFT02 program for neurodegenerative diseases. The company demonstrated promising data in FTD-GRN patients and extended its cash runway into Q1 2027.
March 04, 2025 | 12:15 pm
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Passage Bio reported strong 2024 financial results and significant progress in its PBFT02 program, showing promising data in FTD-GRN patients. The company plans to seek regulatory feedback in 2026 and has extended its cash runway into Q1 2027.
The financial results and advancements in the PBFT02 program are positive indicators for Passage Bio. The promising data in FTD-GRN patients and extended cash runway suggest potential growth and stability, likely leading to a positive short-term impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100