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Shattuck Labs | 8-K: Shattuck Labs Reports Third Quarter 2024 Financial Results and Recent Business Highlights

Shattuck Labs | 8-K: Shattuck Labs Reports Third Quarter 2024 Financial Results and Recent Business Highlights

Shattuck Labs | 8-K:Shattuck Labs公布2024年第三季度财务业绩和近期业务亮点
美股SEC公告 ·  2024/11/14 20:07

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Shattuck Labs reported Q3 2024 financial results with a net loss of $16.7M ($0.33 per share), compared to a $27.5M loss in Q3 2023. Revenue increased to $3M from $0.7M YoY, while R&D expenses decreased to $16.3M from $24.2M. The company maintained a strong cash position of $90.1M as of September 30, 2024.The company announced a strategic shift to focus on SL-325, a first-in-class DR3 blocking antibody targeting the TL1A/DR3 signaling pathway. The IND filing for SL-325 is expected in Q3 2025, with ongoing IND-enabling studies in non-human primates to evaluate safety and pharmacological profiles.Following a restructuring plan and discontinuation of SL-172154 development, Shattuck has substantially completed its workforce reduction. The company projects its current cash reserves will fund operations into 2027, extending beyond the planned Phase 1 clinical trial of SL-325.
Shattuck Labs reported Q3 2024 financial results with a net loss of $16.7M ($0.33 per share), compared to a $27.5M loss in Q3 2023. Revenue increased to $3M from $0.7M YoY, while R&D expenses decreased to $16.3M from $24.2M. The company maintained a strong cash position of $90.1M as of September 30, 2024.The company announced a strategic shift to focus on SL-325, a first-in-class DR3 blocking antibody targeting the TL1A/DR3 signaling pathway. The IND filing for SL-325 is expected in Q3 2025, with ongoing IND-enabling studies in non-human primates to evaluate safety and pharmacological profiles.Following a restructuring plan and discontinuation of SL-172154 development, Shattuck has substantially completed its workforce reduction. The company projects its current cash reserves will fund operations into 2027, extending beyond the planned Phase 1 clinical trial of SL-325.
Shattuck Labs宣布了2024年第三季度的财务结果,净亏损为1670万美元(每股0.33美元),而2023年第三季度的亏损为2750万美元。营业收入同比增长,达到300万美元,而去年为70万美元,同时研发费用从2420万美元减少到1630万美元。截至2024年9月30日,公司保持了9010万的强劲现金储备。公司宣布战略转变,重点关注SL-325,这是一种针对TL1A/DR3信号通路的首创DR3阻断抗体。SL-325的IND申请预计将在2025年第三季度递交,目前正在进行非人类灵长类动物的IND使能研究,以评估安全性和药理特性。在实施重组计划并停止SL-172154开发后,Shattuck已基本完成裁员。公司预计,当前的现金储备将支持其运营至2027年,超出SL-325计划中的第一阶段临床试验。
Shattuck Labs宣布了2024年第三季度的财务结果,净亏损为1670万美元(每股0.33美元),而2023年第三季度的亏损为2750万美元。营业收入同比增长,达到300万美元,而去年为70万美元,同时研发费用从2420万美元减少到1630万美元。截至2024年9月30日,公司保持了9010万的强劲现金储备。公司宣布战略转变,重点关注SL-325,这是一种针对TL1A/DR3信号通路的首创DR3阻断抗体。SL-325的IND申请预计将在2025年第三季度递交,目前正在进行非人类灵长类动物的IND使能研究,以评估安全性和药理特性。在实施重组计划并停止SL-172154开发后,Shattuck已基本完成裁员。公司预计,当前的现金储备将支持其运营至2027年,超出SL-325计划中的第一阶段临床试验。
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