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LogicBio Therapeutics Q2 2023 Earnings Report

LogicBio Therapeutics EPS Results

Actual EPS
-$3.38
Consensus EPS
-$3.59
Beat/Miss
Beat by +$0.21
One Year Ago EPS
N/A

LogicBio Therapeutics Revenue Results

Actual Revenue
$70.00 million
Expected Revenue
$97.29 million
Beat/Miss
Missed by -$27.29 million
YoY Revenue Growth
N/A

LogicBio Therapeutics Announcement Details

Quarter
Q2 2023
Time
N/A

Conference Call Resources

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LogicBio Therapeutics Earnings Headlines

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About LogicBio Therapeutics

LogicBio Therapeutics (NASDAQ:LOGC), a genetic medicine company, focuses on developing and commercializing genome editing and gene therapy treatments using its GeneRide and sAAVy platforms. The company's GeneRide technology is a new approach to precise gene insertion harnessing a cell's natural deoxyribonucleic acid; and gene delivery platform, sAAVy is an adeno-associated virus, which is designed to optimize gene delivery for treatments in a range of indications and tissues. Its lead product candidate is LB-001 that is in Phase I/II clinical trials for the treatment of methylmalonic acidemia. The company has a collaboration with Children's Medical Research Institute to develop next-generation capsids for gene therapy and gene editing applications in the liver, as well as additional tissues; and a collaboration agreement with Takeda Pharmaceutical Company Limited to develop LB-301, an investigational therapy for the treatment of Crigler-Najjar syndrome. The company also has a research collaboration, license, and option agreement with CANbridge Care Pharma Hong Kong Limited; and collaboration agreement with Daiichi Sankyo Company. The company was incorporated in 2014 and is headquartered in Lexington, Massachusetts.

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