16 December 2025
Disclaimer: This is a simplified summary of a public company filing. See full disclaimer here.
Wave Life Sciences Ltd.
CIK: 1631574•2 Annual Reports•Latest: 2025-04-29
10-K / April 29, 2025
Revenue:$108,302,000
Income:-$97,008,000
10-K / April 29, 2024
Revenue:$82,600,000
Income:-$62,400,000
10-K / April 29, 2025
Wave Life Sciences Ltd. - Company Summary
Overview
Wave Life Sciences Ltd. is a biotechnology company focused on the development of precision medicines using nucleic acid-based therapeutic platforms. The company specializes in designing stereopure oligonucleotides aimed at treating serious and life-threatening diseases through highly specific and effective genetic and molecular interventions.
Business Focus & Strategies
- Core Technology: Proprietary platform utilizing stereopure oligonucleotides, enabling precise targeting of genetic sequences.
- Pipeline Development: Advancement of multiple therapeutic candidates across various diseases, including:
- Obesity (WVE-007)
- Alpha-1 antitrypsin deficiency (WVE-006)
- Duchenne muscular dystrophy (WVE-N531)
- Huntington’s disease (WVE-003)
- Various GalNAc-AIMer programs targeting cardiometabolic diseases (e.g., PNPLA3, LDLR, APOB)
- Strategic Collaborations: Partnership with GSK for research, development, and commercial rights, including license agreements and milestone-based payments.
- Pipeline Progress: Achieved key milestones such as candidate selection, clinical trial applications, and positive interim clinical results demonstrating efficacy and safety.
Operations
- Employees: Not specifically listed, but given the size and scope of the company, likely a specialized team involved in R&D, legal, regulatory, and corporate functions.
- Customers: Not explicitly listed; typical customers include biotech and pharma companies through collaborations, licensing, and development services.
Financials
- Revenue: Not reported in the provided documents.
- Net Income: Not reported; as a development-stage biotech, likely not yet profitable.
- Market Capitalization: As of the most recent valuation, approximately $488.7 million based on market value of outstanding shares held by non-affiliates.
Shareholder Data
- Outstanding Shares (as of March 31, 2025): 154,089,713 ordinary shares
- Major Shareholders:
- RA Capital Management, L.P.: 15.76%
- GSK plc: 10.89%
- Adage Capital Partners, L.P.: 6.30%
- Shin Nippon Biomedical Laboratories, Ltd.: 6.08%
- BlackRock, Inc.: 6.07%
Key Executive & Board
- President & CEO: Paul B. Bolno, M.D., MBA
- Employees & Officers: Includes senior leaders in R&D, finance, corporate development, and technical platforms.
Note: Specific data such as total revenue, net income, and exact employee count are not provided within the submitted documentation. The summary is based solely on the details available from the SEC filing excerpt.
