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Aditya Lonial

Research Analyst at Evercore ISI

Aditya Lonial's questions to Beam Therapeutics (BEAM) leadership

Question · Q4 2025

Aditya Lonial asked about Beam Therapeutics' current view on peak penetration and sales for ex vivo sickle cell therapies, given recent uptake, and the market share assumptions for risto-cel, assuming its differentiated profile holds.

Answer

CEO John Evans and President Giuseppe Ciaramella responded. Giuseppe Ciaramella highlighted significant demand for risto-cel and positive market aspects, such as consistent payment. He emphasized Beam's optimized manufacturing process, with a median mobilization cycle of one, as a competitive advantage to meet demand and differentiate risto-cel.

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Question · Q4 2025

Aditya Lonial asked for Beam's current view on peak penetration and sales for approved ex vivo sickle cell therapies, and the market share assumptions for risto-cel, assuming its differentiated profile holds.

Answer

CEO John Evans and President Giuseppe Pino Ciaramella noted significant demand for risto-cel, consistent with market intelligence, and observed that current programs face limitations in supporting demand due to manufacturing processes. They highlighted risto-cel's optimized manufacturing process, with a median mobilization cycle of one, as a competitive advantage to meet demand.

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