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Decibel Therapeutics, Inc.

decibeltx.com

No Longer Reporting

The company has not filed an annual or quarterly report since its Q2 FY2023 10-Q, filed Aug 11, 2023. Its latest SEC filing is a SC 13G/A from Feb 14, 2024.

The sections below describe the company as of the FY2022 annual report.

What Did They Do?

Develops gene therapies and a drug candidate for people with inherited or acquired hearing loss and balance disorders.

How Did They Make Money?

No revenue was reported.

How Were They Changing?

Since the FY2022 annual report
Latest quarter: Q2 FY2023, the three months to Jun 30, 2023
Net income
▲ +6% (Loss)
vs −$17M in Q2 FY2022
  • Sep 25, 2023 Merger made Decibel a wholly owned subsidiary The company asked Nasdaq to halt trading and delist its shares.
  • Aug 9, 2023 Regeneron agreed to acquire Decibel The offer paired cash consideration with a contingent right to possible payments upon specified milestones.

Who Did They Compete With?

Competes with Akouos, Sensorion, Fennec Pharmaceuticals, and Sound Pharmaceuticals

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