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Recent Updates — PGEN

August 4, 2026View Source ↗

Precigen reported second quarter 2026 financial results, achieving net income of $20.1 million ($0.06 per basic share) compared to a net loss in the prior year period. Total revenues reached $55.0 million, driven by PAPZIMEOS product revenue of $53.1 million, which more than doubled from the previous quarter. The company reported cash, cash equivalents, and investments totaling $38.7 million as of June 30, 2026, projecting a path to cash flow break-even by year-end 2026. Additionally, the FDA granted PAPZIMEOS seven-year market exclusivity, and patient hub enrollment exceeded 500 patients. Precigen is a commercial-stage biopharmaceutical company specializing in precision medicines for difficult-to-treat diseases.

June 24, 2026View Source ↗

At its annual meeting on June 18, 2026, Precigen, Inc. stockholders approved an amendment to the 2023 Omnibus Incentive Plan to increase the number of common shares available for issuance by 7 million. Additionally, shareholders elected nine directors for one-year terms, ratified Deloitte & Touche LLP as the independent registered public accounting firm for the 2026 fiscal year, and approved a non-binding advisory resolution regarding executive compensation. Precigen, Inc. is a biotechnology company focused on developing gene and cell therapies.