Viridian Therapeutics Advances Toward Profitability with Strategic Moves
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Viridian Therapeutics, Inc. (VRDN) reported its Q3 earnings, highlighting significant advancements towards profitability. The company submitted a Biologics License Application for veligrotug to the FDA and secured a financing package of up to $889 million. As of October 31, 2025, Viridian holds approximately $887.9 million in cash, with R&D expenses at $86.3 million and a net loss of $34.6 million for the quarter. The company aims for a U.S. commercial launch of veligrotug in mid-2026 and remains optimistic about achieving profitability through its strategic initiatives and potential revenues from its treatments.
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