RBC Capital Downgrades Design Therapeutics Inc (DSGN) to Sector Perform 'pending further derisking'

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Design Therapeutics Provides Pipeline Update and Reports Second Quarter 2023 Financial Results

August 14, 2023 4:05 PM EDT

Initial Data from Phase 1 Multiple-Ascending Dose Trial of DT-216 for Friedreich Ataxia Showed Significant Increase in FXN mRNA Levels in Skeletal Muscle

Company Expects to Resume a Multiple Dose Phase 1 Clinical Study with DT-216 with an Improved Formulation in the Second Half of 2024 and Report Data in the First Half of 2025

IND Submission for FECD GeneTAC Program On-track for the Second Half of 2023

$303.1 Million in Cash and Securities Expected to Support Operating Runway through 2026

CARLSBAD, Calif., Aug. 14, 2023 (GLOBE NEWSWIRE) -- Design Therapeutics, Inc. (Nasdaq:... More

Design Therapeutics Reports Initial Results from Phase 1 Multiple-Ascending Dose Study of DT-216 for the Treatment of Friedrich Ataxia

August 14, 2023 4:01 PM EDT

DT-216 Resulted in a Significant Increase in FXN mRNA Levels in Skeletal Muscle of FA Patients

Treatment Generally Well-Tolerated; Injection Site Reactions Attributable to Current Formulation Composition

Design Plans to Proceed with an Improved DT-216 Formulation and Initiate a Multiple Dose Phase 1 Clinical Study in the Second Half of 2024

Conference Call and Webcast to be Held Today at 4:30pm ET

CARLSBAD, Calif., Aug. 14, 2023 (GLOBE NEWSWIRE) -- Design Therapeutics, Inc. (Nasdaq: DSGN), a clinical-stage biotechnology company developing... More