Obsidian Therapeutics — Third Quarter 2026 Earnings Summary

Obsidian Therapeutics reported third-quarter 2026 financial results showing a net loss of $50.7 million and cash reserves of $324.4 million as of September 30, 2026. The company presented updated efficacy data for its lead candidate amsoki-cel in advanced melanoma, demonstrating a 67% objective response rate and a median progression-free survival of 8.3 months in the registration-enabling cohort of the Agni-01 study. Enrollment in this cohort is expected to conclude by the end of the first quarter of 2027, with topline data anticipated by the end of 2027. Corporate updates include the completion of a $350 million financing round, the closing of a transaction with Galera Therapeutics, and the appointment of Mark Reisenauer to the Board of Directors.