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enGene Reports First Quarter 2025 Financial Results and Provides Business Update

1. enGene expanded LEGEND study sites into Europe and Asia for pivotal cohort. 2. BLA submission for detalimogene anticipated by mid-2026.

Earnings
-1.72%Current Return
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-0.84%S&P 500
$5.2403/10 04:20 PM EDTEvent Start
$5.1503/11 10:46 PM EDTLatest Updated
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FAQ

Why Bullish?

The expansion into Europe and Asia improves market potential for enGene's pivotal therapy, suggesting future revenue boosts. Historically, successful study site expansions have positively affected biotech stocks, evidenced by similar cases in the industry.

How important is it?

The announcement of site expansion and a BLA filing plan signals strategic growth, enhancing investor confidence in the firm's future prospects. It reflects enGene's commitment to advancing its product pipeline, which is crucial for its market valuation.

Why Long Term?

The BLA submission timeline indicates a critical future milestone that could drive ENGN's stock upwards if successful. Long-term data from similar biotech companies show such filings often lead to price increases in the lead-up to regulatory reviews.

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EDITCRSPALNY
BOSTON & MONTREAL--(BUSINESS WIRE)--enGene Holdings Inc. (Nasdaq: ENGN, or “enGene” or the “Company”), a clinical-stage, non-viral genetic medicines company, today announced its financial results for the first quarter ended January 31, 2025, and provided a business update. “With the expansion of LEGEND study sites into Europe and Asia, enrollment in our pivotal cohort continues to track in-line with our plan to file a BLA for detalimogene in mid-2026,” said Ron Cooper, Chief Executive Officer o.

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