LENZ Therapeutics, Inc.LENZ
What LENZ Therapeutics, Inc. does.
We are a commercial pharmaceutical company focused on the development and commercialization of innovative therapies to improve vision. On July 31, 2025, the United States (“U.S.”) Food and Drug Administration (“FDA”) approved VIZZ ® (aceclidine ophthalmic solution) 1.44%, formerly known as LNZ100, the first and only FDA-approved aceclidine-based eye drop for the treatment of presbyopia, a condition impacting an estimated 1.8 billion people globally and 128 million people in the U.S. We are commercializing VIZZ in the U.S. and continue to establish licensing and distribution partnerships internationally to provide access to VIZZ globally. We believe that a once-daily pharmacological eye drop that can effectively and safely improve near vision throughout the full workday, without the need for reading glasses, is a highly attractive commercial product with an estimated U.S. market opportunity in excess of $3 billion. It is our goal to successfully commercialize VIZZ, and we have assembled an executive team with extensive clinical and commercial experience to execute this goal and become the category leader.
We commercially launched VIZZ in the U.S. in August 2025, with direct-to-eye care professional sales and marketing activities initiated immediately upon approval. Professional product sample distribution by the sales force to optometrists and ophthalmologists and commercial product shipments to customers via our e-pharmacy partner were initiated in October 2025, and product became broadly available in retail pharmacies beginning in November 2025.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | $0 | $19.1M |
| Net income | -$68.4M | -$70.8M | -$101.1M | -$70.0M | -$49.8M | -$82.1M |
| Free cash flow | -$10.3M | -$58.6M | -$94.6M | -$60.4M | -$59.9M | -$70.0M |
More on LENZ.
- LENZ Therapeutics, Inc. summary
- LENZ Therapeutics, Inc. financial statements
- LENZ Therapeutics, Inc. key metrics
- LENZ Therapeutics, Inc. health scores and style box
- LENZ Therapeutics, Inc. earnings
- LENZ Therapeutics, Inc. dividends
- LENZ Therapeutics, Inc. valuation
- LENZ Therapeutics, Inc. ownership and insiders
- LENZ Therapeutics, Inc. peers
Figures from LENZ Therapeutics, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.