10x Insights
Loading account…
Companies / Healthcare / Neurogene Inc.
NGNE

Neurogene Inc.

HealthcarePharmaceutical Preparations
Ticker NGNENEW YORK, NYFiscal year ends DecemberBook value per share $9.68Diluted shares 22.4M

Neurogene Inc. (NASDAQ: NGNE) is a clinical-stage biotechnology company dedicated to developing genetic medicines for rare neurological diseases with high unmet medical need. The company's website is www.neurogene.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
$0.00M
−100.0% year over year
0.00%
$-90.35M
−20.2% year over year
Last 12 mo $-111.11M
-34.11%
−9.9 percentage points
Last 12 mo -51.17%
Cash & financing
$-77.17M
−9.3% year over year
Last 12 mo $-86.82M
$-78.36M
−9.7% year over year
Last 12 mo $-87.71M
0.00
Was 0.00× a year earlier
Last 12 mo 0.00
21.3M
+21.4% year over year
Last 12 mo 22.4M

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 Neurogene Inc. does

In the company’s own words

Neurogene Inc. (NASDAQ: NGNE) is a clinical-stage biotechnology company dedicated to developing genetic medicines for rare neurological diseases with high unmet medical need. The company's website is www.neurogene.com.

Founded in January 2018, Neurogene focuses on overcoming the limitations of conventional gene therapy through its proprietary EXACT (Expression Attenuation via Construct Tuning) platform technology. EXACT utilizes microRNA-based genetic circuits designed to deliver therapeutic levels of transgene to key brain areas while maintaining precise control over expression levels. This approach addresses dosage-sensitive diseases with narrow therapeutic windows that were previously considered untreatable with standard gene therapy approaches.

The company's lead program, NGN-401, is in Phase 3 clinical development for Rett syndrome, a severe X-linked neurodevelopmental disorder caused by mutations in the MECP2 gene. NGN-401 contains the full-length MECP2 gene and is administered via intracerebroventricular infusion to achieve optimal biodistribution across brain regions relevant to disease pathophysiology. The registrational Embolden trial is a single-arm, open-label study evaluating NGN-401 in 20 females ages three and above, with enrollment complete and dosing more than 50 percent complete as of the filing date.

Neurogene operates a fully functional current good manufacturing practices facility in Houston, Texas, spanning approximately 42,000 square feet with 6,000 square feet of dedicated cleanroom space. This in-house manufacturing capability enables the company to maintain control over product quality, development timelines, and strategic pipeline flexibility while supporting the transition from preclinical through commercial-stage manufacturing.

As of March 16, 2026, the company employed 131 full-time employees, with 106 engaged in research, development, and technical operations. Thirty employees hold Ph.D., M.D., D.O., or Pharm.D. degrees. The company has established collaborations with the University of Edinburgh to support research and pipeline development activities. NGN-401 has received Breakthrough Therapy designation from the FDA, Priority Medicines designation from the European Medicines Agency, and Regenerative Medicine Advanced Therapy designation, positioning it for expedited development and review pathways.

Company details
Sector
Healthcare
Industry
Pharmaceutical Preparations
Headquarters
NEW YORK, NY
Fiscal year end
December
CIK
1404644
SIC
2834

Financial performance, year by year

Fiscal 2014–2025 · USD
$-124.72M$-83.89M$-43.06M$-2.22M$38.61M201420152016201720182019202020212022202320242025Last 12 moLast 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 Neurogene Inc. — and what changed

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

117
funds hold it
0 of 35
superinvestors hold it
$65.32M
held by funds, at market
10.9%
of shares held by funds

Largest fund holders · Neurogene Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.01%of fund net assets
Fidelity Advisor Biotechnology Fund
FBTAX · Fidelity Advisor Series VII
0.33%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 Value ETF
IWN · iShares Trust
0.02%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”.

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

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Neurogene Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Neurogene Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Neurogene Inc.'s last four quarterly filings that the numbers alone won't show?”
See how it works →All research tools with a subscription. Use your own AI account.