This might drive the stock higher in the near term.MeiraGTx Reports Second Quarter 2020 Financial ResultsMeiraGTx Reports Second Quarter 2020 Financial ResultsMeiraGTx Reports Second Quarter 2020 Financial ResultsMeiraGTx Expands Leadership Team with Appointment of Robert K. Zeldin, M.D. MeiraGTx believes this capital will be sufficient to fund operating expenses and capital expenditure requirements into 2022.Recent Clinical Development and Corporate Updates AAV-RPGR for the Treatment of X-Linked Retinitis Pigmentosa * Initial positive clinical data from MeiraGTx’s ongoing Phase 1/2 clinical study (MGT009) of AAV-RPGR were presented as a late-breaker oral presentation at the American Society of Retina Specialists (ASRS) 2020 Virtual Annual Meeting in July 2020. Real time MeiraGTx Holdings plc (MGTX) stock price quote, stock graph, news & analysis. In this role, Dr. Zeldin oversees the development of MeiraGTx’s six clinical stage gene therapy programs.For more information related to our clinical trials, please visit www.clinicaltrials.govFinancial Results License revenue was $2.5 million for the quarter ended June 30, 2020, compared to $2.0 million for the quarter ended June 30, 2019. While we may elect to update such forward-looking statements at some point in the future, unless required by law, we disclaim any obligation to do so, even if subsequent events cause our views to change.
In addition, the Company expects approximately $24.4 million in receivables from development partner Janssen in the next 90 days. The increase of $6.4 million was primarily due to an increase for the non-cash acquisition costs of Emrys Bio, Inc. and increases in costs related to the manufacture of material for clinical trials, payroll and payroll related costs and share-based compensation, which was partially offset by an increase in research funding provided under our collaboration agreement with Janssen and a decrease in costs related to our clinical trials.General and administrative expenses were $11.5 million for the quarter ended June 30, 2020, compared to $13.4 million for the quarter ended June 30, 2019. Copyright © 2020 MarketWatch, Inc. All rights reserved. The increase in the loss of $0.7 million was primarily due to a strengthening of the U.S. dollar against the pound sterling during the three months ended June 30, 2020.Net loss attributable to ordinary shareholders for the quarter ended June 30, 2020 was $25.4 million, or $0.69 basic and diluted net loss per ordinary share, compared to a net loss attributable to ordinary shareholders of $20.8 million, or $0.63 basic and diluted net loss per ordinary share for the quarter ended June 30, 2019.Cash and cash equivalents were $194.8 million for the quarter ended June 30, 2020, compared to $204.4 million as of June 30, 2019.About MeiraGTx MeiraGTx (Nasdaq: MGTX) is a vertically integrated, clinical stage gene therapy company with six programs in clinical development and a broad pipeline of preclinical and research programs. Prior to his work in industry, Dr. Zeldin served as a Medical Officer at the U.S. Food & Drug Administration (FDA) Center for Biologics Evaluation and Research. Currency in USD MeiraGTx has core capabilities in viral vector design and optimization and gene therapy manufacturing, as well as a potentially transformative gene regulation technology. View which stocks have been most impacted by Coronavirus. He also spent several years in clinical practice.“I look forward to working with MeiraGTx to bring innovative gene therapy treatments to patients with severe diseases who today have no treatment options,” said Dr. Zeldin. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including, without limitation, statements regarding our product candidate development and anticipated 2020 milestones regarding our pre-clinical and clinical data and reporting of such data and the timing of results of data, including in light of the COVID-19 pandemic, as well as statements that include the words “expect,” “intend,” “plan,” “believe,” “project,” “forecast,” “estimate,” “may,” “should,” “anticipate” and similar statements of a future or forward-looking nature.
Iowa Hawkeyes Scout,
Furniture Stores Near Myrtle Beach,
Tesco Area Manager,
Kelyn Rowe Usl,
White Pinstripe Pants,
Worcester Public Schools Pay Schedule,
Insurance Executive Roles And Responsibilities,
Parveen Shakir Css,
Damien Cox Marner,
Union Pacific Diesel Locomotives,
Ronnie Wood Net Worth,
Sylhet Is Called,
Caroline Hickman Coogan,
Falz Soldier Audio,
Eres Para Mi,
Is The Bali Tiger Extinct,
Elko City News Trooper Killed,
State Of Sd Jobs,
Lucila Sola Modern Family,
Male Celebrity Crushes,
Coco - I Need A Miracle (acapella),
Clemson Football 2000,
Cafe De Ville,
Murshid Urdu Meaning,
Plainfield Wisconsin Homes For Sale,
Drake Response Story Of Adidon,
Evergreen Terrace Portland,
Manteo Fire Station For Sale,
East Whittier Middle School,
Oye Tini Lyrics English,
Ocellate River Stingray Size,
Stingray 269 Dc Price,
The Little Match Girl Text,
A Faithful Man Spoilers,
Who Is Eligible For Medicaid In Florida,
Pereira Wine Review,
Colin Macy O'toole Wikipedia,
Bruno Fernandes Fifa 20 Man Utd,
Honolulu Bungalow Rentals,
Recess Lyrics Melanie Martinez Meaning,
How Do Placozoans Eat,
List Of Employee Benefits And Perks,
Twitter Publish Follow,
Cloud Gate Quotes,
Spencer Glee Actor,
Greenfield Vs Brownfield Software,
Ice Storm Film,
Kobalt Workbench Accessories,
Youth Social Problems,
Webcal Data Nba Net Prod Teams Schedules 2019 Thunder Schedule Ics,
Elk Grasshopper Building Heights,
Adriana Lastra Twitter Gato Félix,
Raiden V Guide,
Is Sora Dead,
Shinnok Mk4 Moves,
Arkansas Razorbacks Football Roster 2019,
What Is David Sneddon Doing Now,
What Happened To Iceland In 2008 What Did This Lead Them To Do,
Anjum Name Meaning In Arabic,
Taylor Swift Cake Topper,
Line Skis 2021,
Serie A Injuries,
Montene Side Effects,
Zack Baun Parents,
Hampton Basketball Conference,
Reiko Mortal Kombat 11,
Fiu Football Recruiting Coordinator,
Muzeum Narodowe W Poznaniu,
The Essential Johnny Cash Disc 1,
Isaiah Montgomery Significance,
Dawn Allen Magic,
Bulgarian To English Translation,
Frontier Airlines From Syracuse,
Cleveland Outage Map,
Vericel Stock Price,
The Guernsey Literary And Potato Peel Society Cast,
Amr Diab - Tamally Maak,
Who Has Recorded Unchained Melody,
What Medical Conditions Qualify For Long-term Disability,