CRISPR Therapeutics AG | North America: 2Q26: Casgevy Sales of $76M

研报英文原文证据摘录

CRISPR Therapeutics AG | North America: 2Q26: Casgevy Sales of $76M

Idea

August 4, 2026 01:02 AM GMT

Morgan Stanley & Co. LLCMCRISPR Therapeutics AG | North America Maxwell Skor

Equity Analyst

2Q26: Casgevy Sales of $76M Maxwell.Skor@morganstanley.comSelena Zhang +1 212 761-4804

Research Associate

Selena.Zhang1@morganstanley.com +1 212 761-1017

Partner VRTX reported 2Q Casgevy sales of $76M. We look

ahead to pipeline updates, including CTX310 Ph1b in sHTG and CRISPR Therapeutics AG (CRSP.O, CRSP US)

RH update in 2H26. Biotechnology | United States of America

Stock Rating Equal-weight

Industry View Attractive

Key Takeaways Price target $60.00 Shr price, close (Aug 3, 2026) $49.57

Partner Vertex announced 2Q sales of $76M vs. consensus $59.9M. Mkt cap, curr (mm) $4,784

52-Week Range $78.48-44.12

CTX310 Ph1b in sHTG and RH remain on track for 2H26.

CRSP has initiated a Ph1 study for CTX340 in patients with refractory

hypertension and a Ph1 clinical trial for CTX460.

Casgevy (ex vivo) for SCD/TDT: 2Q sales were $76M vs. consensus $59.9M as

reported by partner Vertex (press release, VRTX press release) (covered by Terence

Flynn), in line with VRTX's internal expectations based on high visibility into patient

scheduling patterns. Casgevy is part of CRSP's strategic partnership with Vertex and

is being advanced under a joint development and commercialization agreement

where the net profits and net losses are allocated 40% to CRISPR and 60% to

Vertex. Recall, Casgevy recently received a supplemental approval for patients aged

2 years and older, previously approved for patients aged 12 years and older (see our

note HERE). ~5,500 patients with SCD or TDT may be eligible for treatment with

Casgevy for the first time. VRTX commented on their call that there were more