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LENZ Therapeutics reported positive topline data from Phase 3 CLARITY study for presbyopia, selected LNZ100 as lead candidate, and anticipates New Drug Application submission in mid-2024. The company completed a merger with Graphite Bio, raised $53.5 million in a private placement, and has a strong cash position of $213.3 million. LENZ aims to provide a compelling treatment option for presbyopia patients and create significant value for shareholders.
LENZ Therapeutics, Inc. will announce its first quarter 2024 financial results and business update on May 8, 2024. The company focuses on developing aceclidine-based eye drops for presbyopia. A webcast will be held to discuss the results and updates.