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Lineage Cell Therapeutics Inc
TASE:LCTX

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Lineage Cell Therapeutics Inc
TASE:LCTX
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Price: 585 ILS 0.33% Market Closed
Market Cap: 462.6m ILS
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Lineage Cell Therapeutics Inc
Investor Relations

Lineage Cell Therapeutics, Inc. operates as a clinical-stage biotechnology company developing new cellular therapies for degenerative retinal diseases, neurological conditions associated with demyelination, and aiding the body in detecting and combating cancer. The company is headquartered in Carlsbad, California and currently employs 57 full-time employees. The firm is engaged in developing cell therapies for unmet medical needs. The company is focused on developing therapies for degenerative retinal diseases, neurological conditions associated with demyelination and aiding the body in detecting and combating cancer. Specifically, it is testing therapies to treat dry age-related macular degeneration, spinal cord injuries and non-small cell lung cancer. The firm has three allogeneic cell therapy programs: OpRegen, OPC1 and VAC2. OpRegen is a retinal pigment epithelium cell replacement therapy being developed for the treatment of advanced dry age-related macular degeneration (AMD) with geographic atrophy. OPC1 is an oligodendrocyte progenitor cell therapy that is being developed for acute spinal cord injuries (SCI). VAC2 is an allogeneic cancer immunotherapy of antigen-presenting dendritic cells that is being developed for non-small cell lung cancer.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 6, 2025
AI Summary
Q3 2025

OpRegen Progress: The OpRegen program continues to advance, with Genentech doubling clinical sites in the past year and expanding device innovation, which management views as positive signals.

New Partnerships: Lineage secured a collaboration with William Demant Invest to fund up to $12 million for its preclinical hearing loss program, validating its external funding strategy.

Cash Runway Extended: Cash position at $40.5 million now supports operations into Q2 2027, one quarter longer than previously guided, helped by partnership funding.

Financial Results: Q3 revenue was $3.7 million (down slightly YoY), and net loss was $29.8 million, largely due to a non-cash warrant liability adjustment.

CIRM Grant Update: Lineage is a finalist for a CIRM grant decision expected in December, which could provide up to $7 million in nondilutive funding for the OPC1 program.

Islet Cell Initiative: Early work on large-scale islet cell production for Type 1 Diabetes is ongoing, with a go/no-go decision expected next quarter.

Optionality & Strategy: Management reiterated discipline in expanding the asset portfolio, balancing internal development and partnerships based on cost of capital and risk.

Key Financials
Cash Position
$40.5 million
Revenue
$3.7 million
Operating Expenses
$7.5 million
R&D Expenses
$3.3 million
G&A Expenses
$4.2 million
Loss from Operations
$3.8 million
Other Expenses
$26 million
Net Loss
$29.8 million
EPS
$0.13 loss per share
Earnings Call Recording
Other Earnings Calls

Management

Mr. Brian M. Culley M.A., M.B.A.
CEO, President & Director
No Bio Available
Ms. Jill Ann Howe
CFO & Principal Financial and Accounting Officer
No Bio Available
Mr. George A. Samuel III, J.D.
General Counsel & Company Secretary
No Bio Available
Ms. Ioana C. Hone
Director of Investor Relations
No Bio Available
Dr. Charlotte Hubbert Ph.D.
Vice President of Corporate Development
No Bio Available
Ms. Brandi L. Roberts CPA, M.B.A.
Consultant
No Bio Available
Mr. William Annett MBA
President & CEO of OncoCyte Corporation
No Bio Available
Dr. Rami Skaliter Ph.D.
Chief Executive Officer of Cell Cure Neurosciences
No Bio Available
Ms. Alexandra Hernandez
Senior Director of Finance & Controller
No Bio Available
Dr. Harold D. Waitz
Vice President of Regulatory Affairs & Quality Control
No Bio Available

Contacts

Address
CALIFORNIA
Carlsbad
2173 Salk Ave Ste 200
Contacts
+15105213390.0
lineagecell.com