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Connect Biopharma | 6-K: Report of foreign private issuer (related to financial reporting)

Connect Biopharma | 6-K: Report of foreign private issuer (related to financial reporting)

康乃德生物 | 6-K:外国发行人报告(业绩相关)
美股SEC公告 ·  09/05 16:33
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Connect Biopharma Holdings Limited reported financial results for the first half of 2024, with a net income of $7.6 million compared to a net loss of $30.5 million for the same period in 2023. Revenue for the six months ended June 30, 2024, totaled $24.1 million, primarily from the license and collaboration agreement with Simcere Pharmaceutical Co., Ltd. Research and development expenses decreased by $13.3 million due to fewer clinical trials and lower personnel costs. Administrative expenses slightly increased due to severance costs associated with employee transitions. The company's cash and cash equivalents stood at $110.2 million as of June 30, 2024. Connect Biopharma is focusing on transforming into a U.S.-centric company and significantly reducing its presence in China. The company's lead product candidate, rademikibart, is being evaluated for future clinical development strategy, and Simcere has initiated Phase 3 trials in China for moderate-to-severe atopic dermatitis and asthma.
Connect Biopharma Holdings Limited reported financial results for the first half of 2024, with a net income of $7.6 million compared to a net loss of $30.5 million for the same period in 2023. Revenue for the six months ended June 30, 2024, totaled $24.1 million, primarily from the license and collaboration agreement with Simcere Pharmaceutical Co., Ltd. Research and development expenses decreased by $13.3 million due to fewer clinical trials and lower personnel costs. Administrative expenses slightly increased due to severance costs associated with employee transitions. The company's cash and cash equivalents stood at $110.2 million as of June 30, 2024. Connect Biopharma is focusing on transforming into a U.S.-centric company and significantly reducing its presence in China. The company's lead product candidate, rademikibart, is being evaluated for future clinical development strategy, and Simcere has initiated Phase 3 trials in China for moderate-to-severe atopic dermatitis and asthma.
Connect生物医药控股有限公司报告了2024年上半年的财务业绩,净利润为760万美元,相比2023年同期的净亏损3,050万美元有所增长。截至2024年6月30日的六个月内,营业收入总额达到2410万美元,主要来自与四环药业有限公司的许可和合作协议。由于临床试验减少和人员成本减少,研发费用减少了1,330万美元。管理费用略有增加,由于员工过渡引起的解雇费用。截至2024年6月30日,该公司的现金及现金等价物为11020万美元。Connect生物医药正在努力转型为一家以美国为中心的公司,并大幅减少其在中国的业务。该公司的领先产品候选药物rademikibart正在评估未来的临床发展策略,而四环药业已在中国启动了中重度特应性皮炎和哮喘的三期临床试验。
Connect生物医药控股有限公司报告了2024年上半年的财务业绩,净利润为760万美元,相比2023年同期的净亏损3,050万美元有所增长。截至2024年6月30日的六个月内,营业收入总额达到2410万美元,主要来自与四环药业有限公司的许可和合作协议。由于临床试验减少和人员成本减少,研发费用减少了1,330万美元。管理费用略有增加,由于员工过渡引起的解雇费用。截至2024年6月30日,该公司的现金及现金等价物为11020万美元。Connect生物医药正在努力转型为一家以美国为中心的公司,并大幅减少其在中国的业务。该公司的领先产品候选药物rademikibart正在评估未来的临床发展策略,而四环药业已在中国启动了中重度特应性皮炎和哮喘的三期临床试验。
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