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Metagenomi Therapeutics Reports Business Updates and Second Quarter 2026 Financial Results

$MGXPress releaseAug 10, 2026, 4:05 PM ETRead the release

Metagenomi reported second quarter financial results, ending the period with $120.7 million in cash and marketable securities, which the company anticipates will fund operations into the fourth quarter of 2027. The company confirmed it remains on track to submit an IND application for its lead hemophilia A program, MGX-001, in the fourth quarter of 2026, with IND-enabling studies expected to wrap up by the end of the third quarter.

Key figures

Runway
4Q 2027
Ga expenses
6004000
Rd expenses
22512000
Cash position
120700000

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