Regulus reports Q3 EPS (21c), consensus (17c)

As of September 30, 2024, Regulus (RGLS) had $87.3M in cash, cash equivalents and short-term investments. “We have remained focused on rapidly progressing RGLS8429 for the potential treatment of ADPKD and were pleased to announce the completion of enrollment in our fourth and final cohort of the Phase 1b MAD study last month. Our team continues to be energized not only by the positive results we’ve seen so far in the clinic but also by the recent opportunities we’ve had to interact with the broader nephrology community and present on RGLS8429 at recent meetings,” said Jay Hagan, CEO. “We are in a strong position as we move towards the end of the year and into 2025. We expect to share preliminary topline data from a substantial number of patients from the fourth cohort in the Phase 1b MAD study of RGLS8429 in ADPKD in early 2025.”