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GRI Bio | 8-K: GRI Bio Reports Second Quarter 2024 Financial Results and Provides Corporate Update

GRI Bio | 8-K: GRI Bio Reports Second Quarter 2024 Financial Results and Provides Corporate Update

GRI Bio | 8-K:GRI Bio公佈2024年第二季度財務業績並提供公司最新情況
美股SEC公告 ·  2024/08/14 20:10

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GRI Bio reported Q2 2024 financial results and provided updates on its lead program GRI-0621 for Idiopathic Pulmonary Fibrosis (IPF) treatment. The company remains on track for interim data readout in Q4 2024 and topline results in Q1 2025 from its Phase 2a biomarker study.The company recorded a net loss of $2.4 million for Q2 2024, with research and development expenses of $0.9 million and general and administrative expenses of $1.4 million. In June 2024, GRI Bio completed a public offering raising $4.0 million in gross proceeds. As of June 30, 2024, the company had cash and cash equivalents of $6.4 million.GRI Bio continues to advance its secondary program GRI-0803 for systemic lupus erythematosus treatment, generating encouraging preclinical data. The company expects its current cash position to fund operations into Q1 2025 and plans to raise additional capital to support ongoing operations.
GRI Bio reported Q2 2024 financial results and provided updates on its lead program GRI-0621 for Idiopathic Pulmonary Fibrosis (IPF) treatment. The company remains on track for interim data readout in Q4 2024 and topline results in Q1 2025 from its Phase 2a biomarker study.The company recorded a net loss of $2.4 million for Q2 2024, with research and development expenses of $0.9 million and general and administrative expenses of $1.4 million. In June 2024, GRI Bio completed a public offering raising $4.0 million in gross proceeds. As of June 30, 2024, the company had cash and cash equivalents of $6.4 million.GRI Bio continues to advance its secondary program GRI-0803 for systemic lupus erythematosus treatment, generating encouraging preclinical data. The company expects its current cash position to fund operations into Q1 2025 and plans to raise additional capital to support ongoing operations.
GRI Bio報告了2024年第二季度的財務結果,並提供了其針對特發性肺纖維化(IPF)治療的主導項目GRI-0621的更新。該公司仍然計劃在2024年第四季度公佈中期數據,並在2025年第一季度公佈其2a階段生物標誌物研究的總體結果。該公司在2024年第二季度記錄了240萬美元的淨虧損,研究和開發費用爲90萬美元,管理費用爲140萬美元。在2024年6月,GRI Bio完成了一次公開募股,籌集了400萬美元的毛收入。截至2024年6月30日,該公司持有現金及現金等價物640萬美元。GRI Bio繼續推進其治療系統性 lupus erythematosus的次要項目GRI-0803,生成了令人鼓舞的前期臨牀數據。該公司預計其當前的現金狀況將支持運營到2025年第一季度,並計劃籌集額外的資金以支持持續的運營。
GRI Bio報告了2024年第二季度的財務結果,並提供了其針對特發性肺纖維化(IPF)治療的主導項目GRI-0621的更新。該公司仍然計劃在2024年第四季度公佈中期數據,並在2025年第一季度公佈其2a階段生物標誌物研究的總體結果。該公司在2024年第二季度記錄了240萬美元的淨虧損,研究和開發費用爲90萬美元,管理費用爲140萬美元。在2024年6月,GRI Bio完成了一次公開募股,籌集了400萬美元的毛收入。截至2024年6月30日,該公司持有現金及現金等價物640萬美元。GRI Bio繼續推進其治療系統性 lupus erythematosus的次要項目GRI-0803,生成了令人鼓舞的前期臨牀數據。該公司預計其當前的現金狀況將支持運營到2025年第一季度,並計劃籌集額外的資金以支持持續的運營。
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