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Companies / Healthcare / LENZ Therapeutics, Inc.
LENZ

LENZ Therapeutics, Inc.

HealthcareBiological Products
Ticker LENZSOLANA BEACH, CAFiscal year ends DecemberBook value per share $6.99Diluted shares 31.4M

Lens Therapeutics, Inc. (NASDAQ: LENZ) is a commercial pharmaceutical company focused on the development and commercialization of innovative therapies to improve vision. The company's website is www.lenstherapeutics.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$19.09M
Last 12 mo $21.48M
-477.46%
Last 12 mo -631.70%
$-82.13M
−65.0% year over year
Last 12 mo $-126.00M
-28.88%
−4.5 percentage points
Last 12 mo -57.47%
Cash & financing
$-69.17M
−16.5% year over year
Last 12 mo $-113.91M
$-70.00M
−16.9% year over year
Last 12 mo $-114.42M
—
28.8M
+35.4% year over year
Last 12 mo 31.4M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What LENZ Therapeutics, Inc. does

In the company’s own words

Lens Therapeutics, Inc. (NASDAQ: LENZ) is a commercial pharmaceutical company focused on the development and commercialization of innovative therapies to improve vision. The company's website is www.lenstherapeutics.com.

The company's primary product is VIZZ (aceclidine ophthalmic solution) 1.44%, a once-daily eye drop approved by the FDA in July 2025 for the treatment of presbyopia, a condition affecting approximately 1.8 billion people globally and 128 million people in the United States. VIZZ represents the first and only FDA-approved aceclidine-based eye drop for presbyopia and is powered by aceclidine, a pupil-selective miotic that achieves a sub-2mm pupil diameter to extend depth of focus and improve near vision without causing myopic shift or negatively impacting distance vision. The product offers rapid onset of action, with 71 percent of users achieving three-lines or greater improvement in near visual acuity within 30 minutes, and maintains efficacy for up to 10 hours.

Lens Therapeutics commercially launched VIZZ in the United States in August 2025, with professional product sample distribution initiated in October 2025 and retail pharmacy availability beginning in November 2025. The company employs a direct-to-eye care professional sales and marketing strategy targeting approximately 15,000 eye care professionals who prescribed over 85 percent of pharmaceutical presbyopia prescriptions in 2022. The company also operates a direct-to-consumer marketing campaign to build brand loyalty among presbyopes.

The company estimates the addressable U.S. market opportunity for presbyopia treatment at over three billion dollars, based on an assumed six percent adoption rate among the presbyope population and a one-month supply price of seventy-nine dollars with an estimated forty-two percent refill rate. VIZZ has patent protection extending until 2044 in the United States and benefits from five years of new chemical entity exclusivity expiring in July 2030.

Beyond the United States, Lens Therapeutics has established licensing and distribution partnerships internationally, including agreements with CORXEL Pharmaceuticals for Greater China, Lotus Pharmaceutical for South Korea and Southeast Asia, Laboratoires Théa for Canada, and Lunatus Global Medical Supplies for the Middle East region.

Company details
Sector
Healthcare
Industry
Biological Products
Headquarters
SOLANA BEACH, CA
Fiscal year end
December
CIK
1815776
SIC
2836

Financial performance, year by year

Fiscal 2021–2025 · USD
$-140.75M$-96.51M$-52.26M$-8.02M$36.22M20212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns LENZ Therapeutics, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

120
funds hold it
0 of 35
superinvestors hold it
$51.12M
held by funds, at market
23.7%
of shares held by funds

Largest fund holders · LENZ Therapeutics, Inc.’s weight in each

Fidelity Growth Company Fund
FDGRX · Fidelity Mt. Vernon Street Trust
0.01%of fund net assets
0.44%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
PRIMECAP Odyssey Aggressive Growth Fund
POAGX · PRIMECAP Odyssey Funds
0.05%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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