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Assembly Biosciences | 8-K: Assembly Biosciences Reports Second Quarter 2024 Financial Results and Recent Updates

Assembly Biosciences | 8-K: Assembly Biosciences Reports Second Quarter 2024 Financial Results and Recent Updates

Assembly Biosciences | 8-K:Assembly Biosciences公佈2024年第二季度財務業績和最新
美股SEC公告 ·  2024/08/09 04:17

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Assembly Biosciences reported Q2 2024 financial results with a net loss of $11.2M ($1.98 per share), compared to $16.9M loss in Q2 2023. Revenue reached $8.5M from collaborative research, while cash position stood at $109.2M as of June 30, projected to fund operations into Q1 2026. R&D expenses increased to $16.3M from $12.5M YoY due to expanded development programs.The company has initiated dosing in two key clinical trials: a Phase 1a/b study of ABI-5366 for recurrent genital herpes and a Phase 1b study of ABI-4334 for chronic HBV infection. Interim data from ABI-5366's Phase 1a trial is expected in Q3 2024, with Phase 1b results anticipated in H1 2025. Additionally, ABI-4334's interim Phase 1b data is expected by year-end.Assembly Bio plans to advance two more candidates, ABI-1179 and ABI-6250, to clinical trials by end of 2024. The company recently strengthened its financial position through equity investments, raising gross proceeds of approximately $12.6M to support its antiviral portfolio development.
Assembly Biosciences reported Q2 2024 financial results with a net loss of $11.2M ($1.98 per share), compared to $16.9M loss in Q2 2023. Revenue reached $8.5M from collaborative research, while cash position stood at $109.2M as of June 30, projected to fund operations into Q1 2026. R&D expenses increased to $16.3M from $12.5M YoY due to expanded development programs.The company has initiated dosing in two key clinical trials: a Phase 1a/b study of ABI-5366 for recurrent genital herpes and a Phase 1b study of ABI-4334 for chronic HBV infection. Interim data from ABI-5366's Phase 1a trial is expected in Q3 2024, with Phase 1b results anticipated in H1 2025. Additionally, ABI-4334's interim Phase 1b data is expected by year-end.Assembly Bio plans to advance two more candidates, ABI-1179 and ABI-6250, to clinical trials by end of 2024. The company recently strengthened its financial position through equity investments, raising gross proceeds of approximately $12.6M to support its antiviral portfolio development.
Assembly Biosciences報告了2024年第二季度的財務結果,淨虧損爲1120萬美元(每股1.98美元),相比2023年第二季度的虧損1690萬美元。營業收入來自合作研究,達850萬美元,而截至6月30日的現金狀況爲10920萬美元,預計可支撐運營到2026年第一季度。由於開發項目的擴大,研發費用同比增加至1630萬美元,從1250萬美元上升。該公司已在兩個關鍵臨牀試驗中開始給藥:一項針對複發性生殖器皰疹的ABI-5366的1a/b期研究和一項針對慢性HBV感染的ABI-4334的十億期研究。ABI-5366的1a期試驗的中期數據預計在2024年第三季度公佈,十億期結果預計在20...展開全部
Assembly Biosciences報告了2024年第二季度的財務結果,淨虧損爲1120萬美元(每股1.98美元),相比2023年第二季度的虧損1690萬美元。營業收入來自合作研究,達850萬美元,而截至6月30日的現金狀況爲10920萬美元,預計可支撐運營到2026年第一季度。由於開發項目的擴大,研發費用同比增加至1630萬美元,從1250萬美元上升。該公司已在兩個關鍵臨牀試驗中開始給藥:一項針對複發性生殖器皰疹的ABI-5366的1a/b期研究和一項針對慢性HBV感染的ABI-4334的十億期研究。ABI-5366的1a期試驗的中期數據預計在2024年第三季度公佈,十億期結果預計在2025年上半年披露。此外,ABI-4334的中期十億數據預計在年底之前公佈。Assembly Bio計劃在2024年年底之前將另外兩個候選藥物ABI-1179和ABI-6250推進至臨牀試驗。該公司最近通過股權投資增強了其財務狀況,籌集了大約1260萬美元的總收入,以支持其抗病毒產品組合的發展。
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