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Shattuck Labs | 10-Q: Q2 2024 Earnings Report

Shattuck Labs | 10-Q: Q2 2024 Earnings Report

Shattuck Labs | 10-Q:2024财年二季报
美股SEC公告 ·  2024/08/01 21:24

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Shattuck Labs reported Q2 2024 financial results with collaboration revenue increasing 704% to $1.6 million, driven by the Ono Pharmaceutical agreement and ImmunoGen partnership. Net loss was $21.6 million compared to $21.3 million in Q2 2023. Research and development expenses rose 5.7% to $19.2 million due to increased manufacturing costs for clinical trials.The company highlighted progress with its lead candidate SL-172154, sharing positive Phase 1B data in higher-risk myelodysplastic syndromes (HR-MDS) and TP53 mutant acute myeloid leukemia (AML) at EHA 2024. Clinical responses showed improved rates compared to standard therapy, with manageable safety profile. Shattuck initiated additional randomized controlled cohorts in both HR-MDS and TP53 mutant AML to further evaluate efficacy.As of June 30, 2024, Shattuck had $105.3 million in cash and investments, which is expected to fund operations into 2026. The company continues to advance its ARC platform technology while exploring potential applications in autoimmune and inflammatory diseases through the Ono collaboration, which could provide up to $217.5 million in milestone payments plus royalties.
Shattuck Labs reported Q2 2024 financial results with collaboration revenue increasing 704% to $1.6 million, driven by the Ono Pharmaceutical agreement and ImmunoGen partnership. Net loss was $21.6 million compared to $21.3 million in Q2 2023. Research and development expenses rose 5.7% to $19.2 million due to increased manufacturing costs for clinical trials.The company highlighted progress with its lead candidate SL-172154, sharing positive Phase 1B data in higher-risk myelodysplastic syndromes (HR-MDS) and TP53 mutant acute myeloid leukemia (AML) at EHA 2024. Clinical responses showed improved rates compared to standard therapy, with manageable safety profile. Shattuck initiated additional randomized controlled cohorts in both HR-MDS and TP53 mutant AML to further evaluate efficacy.As of June 30, 2024, Shattuck had $105.3 million in cash and investments, which is expected to fund operations into 2026. The company continues to advance its ARC platform technology while exploring potential applications in autoimmune and inflammatory diseases through the Ono collaboration, which could provide up to $217.5 million in milestone payments plus royalties.
Shattuck Labs 发布了2024年第二季度财务报告,其中合作营业收入比去年增加了704%,达到了160万美元,这得益于与Ono药品的协议和与ImmunoGen的合作。净亏损为2160万美元,而2023年第二季度为2130万美元。由于临床试验的制造成本增加,研发支出上涨了5.7%,达到1920万美元。该公司强调了其主要候选药物SL-172154的进展,在2024年EHA会议上分享了在高风险骨髓增生异常综合征(HR-MDS)和TP53突变的急性髓性白血病(AML)方面的积极第10亿阶段数据。临床反应显示与标准疗法相比,改善了反应率,并且安全性可控。Shattuck启动了额外的随机对照队列...展开全部
Shattuck Labs 发布了2024年第二季度财务报告,其中合作营业收入比去年增加了704%,达到了160万美元,这得益于与Ono药品的协议和与ImmunoGen的合作。净亏损为2160万美元,而2023年第二季度为2130万美元。由于临床试验的制造成本增加,研发支出上涨了5.7%,达到1920万美元。该公司强调了其主要候选药物SL-172154的进展,在2024年EHA会议上分享了在高风险骨髓增生异常综合征(HR-MDS)和TP53突变的急性髓性白血病(AML)方面的积极第10亿阶段数据。临床反应显示与标准疗法相比,改善了反应率,并且安全性可控。Shattuck启动了额外的随机对照队列,以进一步评估在HR-MDS和TP53突变的AML中的疗效。截至2024年6月30日,Shattuck拥有现金和投资10530万美元,预计可以支持其运营直到2026年。该公司继续推进其ARC平台科技,同时通过与Ono的合作探索在自身免疫和炎症疾病中的潜在应用,可能提供高达21750万美元的里程碑付款加上版税。
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