Q1 2026 Lineage Cell Therapeutics Inc Earnings Call Transcript

May 12, 2026 / 08:30 PM GMT

Release Date Price: €1.13 (+1.81%)

Transcript 10-Q8-K

Key Points

Positve

Lineage Cell Therapeutics Inc (LCTX) successfully expanded its Alloscope manufacturing platform, leading to the launch of the CORE1 corneal endothelial cell transplant program.
The company met its first internal milestone with the ILT1 manufacturing initiative, showcasing progress in its manufacturing capabilities.
Lineage Cell Therapeutics Inc (LCTX) established a new scientific advisory board, attracting an established cell therapy executive as its founding member.
The OPERGEN program showed promising long-term vision gains in patients with dry AMD, with data indicating potential disease-modifying effects.
The company has a strong cash position of $53.4 million, expected to support operations into Q2 of 2028, with potential additional funding from existing warrants and milestone payments.

Negative

The OPERGEN program's future remains uncertain as the company awaits a decision on advancing into a multicenter controlled trial.
Lineage Cell Therapeutics Inc (LCTX) reported a net loss of $4.8 million for the first quarter of 2026, an increase from the previous year.
The company faces challenges in scaling up the production of islet cells for type 1 diabetes, with significant hurdles in achieving commercial viability.
Enrollment in the OPC1 dose study is challenging, particularly for subacute patients, due to the need for tragic incidents to occur near clinical sites.
The company is still in the early stages of developing its CORE1 and ILT1 programs, with significant work needed before reaching clinical trials.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

LCTX.A - Lineage Cell Therapeutics Inc
Q1 2026 Lineage Cell Therapeutics Inc Earnings Call
May 12, 2026 / 08:30PM GMT

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Presentation
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Unidentified_1 [1]
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Welcome to the Lineage Cell Therapeutics First Quarter 2026 Conference Call. At this time, all participants are in a listen-only mode.

An audio webcast of this call is available on the investor sections of Lineage website at www.lineagecell.com.

This call is subject to copyright and is the property of Lineage and recordings, reproductions, or. Transmissions of this call without the express written consent of Lineage are strictly prohibited.

As a reminder, today's call is being recorded.

I would now like to introduce your host for today's call, Iwana H1, Head of Investor Relations at Lineage. Ms. H1, please go ahead.

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