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8-K: ZyVersa Therapeutics Reports Third Quarter, 2024 Financial Results and Provides Business Update

8-K: ZyVersa Therapeutics Reports Third Quarter, 2024 Financial Results and Provides Business Update

8-K:ZyVersa Therapeutics公布2024年第三季度财务业绩并提供业务最新情况
美股SEC公告 ·  11/14 08:37

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On November 14, 2024, ZyVersa Therapeutics, Inc., a clinical-stage specialty biopharmaceutical company, reported its financial results for the third quarter ended September 30, 2024, and provided a business update. The company announced the upcoming Phase 2a clinical trial for VAR 200 in diabetic kidney disease, expected to begin in Q1-2025, and the formation of a new Scientific Advisory Board to support the development of IC 100 for obesity with metabolic complications. Two proof-of-concept studies for IC 100 are planned, with at least one study commencing in Q4-2024. An IND submission for IC 100 is targeted for Q2-2025, followed by a Phase 1 clinical trial. ZyVersa raised approximately $3.9 million from the beginning of Q3-2024 to the present. The company reported a net loss of $2.4 million for the quarter, a 17.3% improvement compared to the same period in the previous year. Research and development expenses decreased by 35.3%, and general and administrative expenses decreased by 17.7%. ZyVersa will require additional financing to continue operations and meet its milestones, and plans to seek funds through various sources, including equity or debt financings, collaborations, or warrant exercises.
On November 14, 2024, ZyVersa Therapeutics, Inc., a clinical-stage specialty biopharmaceutical company, reported its financial results for the third quarter ended September 30, 2024, and provided a business update. The company announced the upcoming Phase 2a clinical trial for VAR 200 in diabetic kidney disease, expected to begin in Q1-2025, and the formation of a new Scientific Advisory Board to support the development of IC 100 for obesity with metabolic complications. Two proof-of-concept studies for IC 100 are planned, with at least one study commencing in Q4-2024. An IND submission for IC 100 is targeted for Q2-2025, followed by a Phase 1 clinical trial. ZyVersa raised approximately $3.9 million from the beginning of Q3-2024 to the present. The company reported a net loss of $2.4 million for the quarter, a 17.3% improvement compared to the same period in the previous year. Research and development expenses decreased by 35.3%, and general and administrative expenses decreased by 17.7%. ZyVersa will require additional financing to continue operations and meet its milestones, and plans to seek funds through various sources, including equity or debt financings, collaborations, or warrant exercises.
2024年11月14日,临床阶段专业生物制药公司ZyVersa Therapeutics, Inc.报告了截至2024年9月30日的第三季度财务业绩,并提供了业务更新。公司宣布了即将在2025年第一季度开始的VAR 200用于糖尿病性肾病的2a期临床试验,并成立了一个新的科学顾问委员会,以支持IC 100用于代谢并发症肥胖症的开发。计划进行两项IC 100概念验证研究,至少一项研究将于2024年第四季度开始。预计IC 100的IND申请定于2025年第二季度提交,随后进行第一阶段临床试验。自2024年第三季度开始以来,ZyVersa筹集了约390万美元。公司报告了该季度净亏损240万美元,较去年同期改善了17.3%。研发支出减少了35.3%,一般和行政支出减少了17.7%。ZyVersa将需要额外融资以继续运营并实现里程碑,计划通过各种途径寻找资金,包括股权或债务融资、合作伙伴关系或认股权行使。
2024年11月14日,临床阶段专业生物制药公司ZyVersa Therapeutics, Inc.报告了截至2024年9月30日的第三季度财务业绩,并提供了业务更新。公司宣布了即将在2025年第一季度开始的VAR 200用于糖尿病性肾病的2a期临床试验,并成立了一个新的科学顾问委员会,以支持IC 100用于代谢并发症肥胖症的开发。计划进行两项IC 100概念验证研究,至少一项研究将于2024年第四季度开始。预计IC 100的IND申请定于2025年第二季度提交,随后进行第一阶段临床试验。自2024年第三季度开始以来,ZyVersa筹集了约390万美元。公司报告了该季度净亏损240万美元,较去年同期改善了17.3%。研发支出减少了35.3%,一般和行政支出减少了17.7%。ZyVersa将需要额外融资以继续运营并实现里程碑,计划通过各种途径寻找资金,包括股权或债务融资、合作伙伴关系或认股权行使。
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