Mucopolysaccharidosis Type II (MPS II) · registered primary completion (date passed, results not yet posted) 2026-09-01 · NCT05693142
Cash of $106M against operating outflow of $42M per quarter gives roughly 2.5 quarters of runway. On these figures the company raises capital within four quarters.
Management has concluded there is substantial doubt about the company's ability to continue as a going concern.
1 approved product already carry Mucopolysaccharidosis Type II (MPS II) on label, including AVLAYAH. Approval would enter an occupied market.
Registered design for NCT05693142: non-randomized, open-label, 65 participants (estimated). Primary outcome: Part 1 Safety measured by incidence of Adverse Events and Serious Adverse Events. 1 further primary outcome(s) registered.
66,013,192 shares outstanding against 80,061,192 if every outstanding option, warrant and convertible were exercised. In that case 17.5% of a gain in enterprise value would accrue to those holders rather than to current shareholders.
Share count up 31% year over year to 66,013,192 as of 2026-07-31.
Designations disclosed: RMAT, Breakthrough Therapy, Fast Track, Orphan Drug, Priority Review Voucher. These accelerate review and, for Orphan, confer exclusivity if approved; none is evidence of efficacy.
2 distinct molecules in 3 active company-sponsored trials; RGX-121 accounts for 2 of them at Phase 2/Phase 3.