Market News AIOpen the app

Editas Medicine says it got the green light to start its first human trial for EDIT-401.

TrialRead the original at SEC EDGAR
Good for EDIT

Approval lets Editas start testing EDIT-401 in people, backed by large cholesterol drops in monkeys lasting 10 months. Human safety and benefit remain unknown, and the company warns its cash may not cover future costs, but the trial start makes the news positive.

EDIT · Editas Medicine, Inc.

AI read · Good for EDIT

The AI's read

That gives Editas a path to test whether EDIT-401 can help people with high cholesterol. Monkey studies showed large drops in several harmful blood fats, and one drop lasted 10 months. Those results have not yet been shown in people. Human safety and benefit remain unknown, New Zealand review is pending, and the company warns that its cash may not cover future costs. The chance to begin testing, backed by promising animal results, makes the news positive for Editas.

Get alerts for EDIT

Follow Editas Medicine, Inc. (EDIT) free. When we publish a story about it, you get the plain-English explanation as an alert.

Get alerts for EDIT
Free on the App Store and Google Play, or on the web.