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NEWS
Atara Biotherapeutics Announces Second Quarter 2024 Financial Results, Operational Progress and Leadership Update
Atara Biotherapeutics (Nasdaq: ATRA) reported Q2 2024 financial results and operational progress. Key highlights include:
1. Tab-cel® U.S. BLA accepted under Priority Review with PDUFA date of January 15, 2025.
2. ATA3219 studies in Lupus Nephritis and Severe Systemic Lupus Erythematosus to start Q4 2024; initial data expected mid-2025.
3. ATA3219 Non-Hodgkin's Lymphoma study enrolling; initial data expected Q1 2025.
4. Leadership changes: Pascal Touchon to become Chairman, Cokey Nguyen to be appointed President and CEO effective September 9, 2024.
5. Q2 2024 revenues: $28.6 million; net loss: $19.0 million ($3.10 per share).
6. Cash runway extended into 2027, enabling key pipeline readouts.
1. Tab-cel® U.S. BLA accepted under Priority Review with PDUFA date of January 15, 2025.
2. ATA3219 studies in Lupus Nephritis and Severe Systemic Lupus Erythematosus to start Q4 2024; initial data expected mid-2025.
3. ATA3219 Non-Hodgkin's Lymphoma study enrolling; initial data expected Q1 2025.
4. Leadership changes: Pascal Touchon to become Chairman, Cokey Nguyen to be appointed President and CEO effective September 9, 2024.
5. Q2 2024 revenues: $28.6 million; net loss: $19.0 million ($3.10 per share).
6. Cash runway extended into 2027, enabling key pipeline readouts.
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Trytosaveabit : I can’t believe with the monster revenue increase this isn’t moving! Over 2000% increase
Jaguar8 OP Trytosaveabit : Maybe let’s wait tomorrow. Maybe they are too happy with their GNLN earnings![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Trytosaveabit Jaguar8 OP : Hehehe! Yeah you’re right.
Joo Mey : hye dude..what do you think about ffie?
Jaguar8 OP Joo Mey : I try to avoid it. Super high ritual for dilution. Negative cash flow