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Silence Therapeutics — Third Quarter 2026 Earnings Summary

Silence Therapeutics plc reported a net loss of $12.4 million for the third quarter ended September 30, 2026, driven by $9.3 million in research and development expenses and $4.9 million in general and administrative costs. The company's cash position increased to $247.7 million, which includes $201.3 million in proceeds from a public offering announced in August 2026. Recent business milestones include positive Phase 2 results for the investigational siRNA therapy divesiran in polycythemia vera and the announcement of a definitive agreement to be acquired by Merck KGaA, Darmstadt, Germany. The acquisition transaction is expected to close in the first quarter of 2027, subject to customary closing conditions.

Company
SILENCE THERAPEUTICS PLC
Sector
Healthcare
Industry
Biotechnology