Dyne therapeutics’ chief scientific officer sells $65,632 in inventory

Following this transaction, Oxana retains direct possession of 201,685 shares of Dyne Therapeutics, together with 165,922 unvested restricted inventory models. The transaction was executed inside a value vary of $27.76 to $28.71 per share. The corporate maintains a FAIR monetary well being rating in response to InvestingPro‘s complete evaluation, which considers a number of monetary metrics and market indicators. The corporate maintains a FAIR monetary well being rating in response to InvestingPro‘s complete evaluation, which considers a number of monetary metrics and market indicators.

Following this transaction, Oxana retains direct possession of 201,685 shares of Dyne Therapeutics, together with 165,922 unvested restricted inventory models. The transaction was executed inside a value vary of $27.76 to $28.71 per share. The corporate maintains a FAIR monetary well being rating in response to InvestingPro‘s complete evaluation, which considers a number of monetary metrics and market indicators.

Following this transaction, Oxana retains direct possession of 201,685 shares of Dyne Therapeutics, together with 165,922 unvested restricted inventory models. The transaction was executed inside a value vary of $27.76 to $28.71 per share.

In different current information, Dyne Therapeutics has been the topic of a number of analyst notes. Piper Sandler maintained an Obese score with a gentle value goal of $53.00, whereas RBC Capital Markets initiated an Outperform score with a value goal of $45.00. Nonetheless, JPMorgan downgraded Dyne Therapeutics from Obese to Impartial, decreasing its value goal to $35.00. These rankings adopted the corporate’s earnings per share of ($0.70), surpassing each Oppenheimer and consensus estimates.

Dyne Therapeutics has additionally expanded its inventory providing from $200 million to $300 million, already elevating roughly $101.2 million from the issuance and sale of its widespread inventory. This monetary maneuver is anticipated to help ongoing and future scientific packages, with the corporate’s robust money place of $724 million projected to fund operations nicely into the second half of 2026.

The corporate is making important progress in its scientific trials. The ACHIEVE trial for DYNE-101, treating myotonic dystrophy sort 1 (DM1), and the DELIVER trial for DYNE-251, geared toward treating Duchenne muscular dystrophy (DMD), have each proven promising outcomes. As well as, the corporate is planning to provoke registrational cohorts for DM1 in 2025 and has commenced enrollment for a registrational cohort named DELIVER for DMD.

Dyne Therapeutics can be progressing with DYNE-302, shifting it into IND-enabling research for facioscapulohumeral muscular dystrophy. The corporate’s FORCE platform’s potential to ship oligonucleotide therapeutics to the guts and central nervous system was additionally highlighted. These current developments mirror Dyne Therapeutics’ continued efforts to advance its remedy candidates for genetic problems.

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