Prelude Therapeutics projects financial stability through 2027
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 12 2025
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Financial Overview: As of September 30, 2025, the Company had a total of $58.2 million in cash, cash equivalents, restricted cash, and marketable securities.
Recent Funding: The Company received additional funds from a license payment from AbCellera in October 2025 and $60 million from Incyte in November 2025.
Future Projections: Preliminary estimates suggest that the Company's current financial resources will support its operations into 2027.
Collaborative Agreements: The funding received is part of an expanded collaborative agreement with AbCellera, indicating ongoing partnerships in the Company's financial strategy.
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Analyst Views on PRLD
About PRLD
Prelude Therapeutics Incorporated is a clinical-stage fully integrated oncology company built on a foundation of drug discovery to deliver novel precision cancer medicines to underserved patients. It has developed a diverse pipeline consisting of multiple distinct programs: kinases, targeted protein degraders, and precision antibody drug conjugates. Its product candidates include PRT3789, PRT2527 and PRT7732. PRT3789 is a highly selective degrader of SMARCA2 protein, which, along with SMARCA4, controls gene regulation through chromatin remodeling. Its CDK9 program is an essential regulator of cancer-promoting transcriptional programs, including those driven by MCL1, MYC and MYB. PRT2527 is designed to be a potent and selective CDK9 inhibitor that has the potential to avoid off-target toxicities observed with other less selective CDK9 inhibitor. PRT7732 is a highly selective and orally bioavailable SMARCA2 degrader.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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