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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:外國發行人報告(業績相關)
美股SEC公告 ·  2024/09/05 13:33

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Connect Biopharma reported strong financial results for H1 2024, with revenue of $24.1 million and net income of $7.6 million, compared to a net loss of $30.5 million in H1 2023. The company's cash position stood at $110.2 million as of June 30, 2024, expected to support operations into H1 2027.The company announced significant leadership changes, appointing Barry Quart as CEO and David Szekeres as President in June 2024. As part of its transformation into a U.S.-centric company, Connect is reducing its China presence and has already decreased its workforce there by 15%, with further reductions planned by year-end.Research and development expenses decreased to $13.3 million from $26.6 million year-over-year, primarily due to reduced clinical trials and manufacturing activities. The company received favorable FDA feedback regarding potential Phase 3 programs for rademikibart in asthma and atopic dermatitis, while its partner Simcere has initiated Phase 3 trials in China.
Connect Biopharma reported strong financial results for H1 2024, with revenue of $24.1 million and net income of $7.6 million, compared to a net loss of $30.5 million in H1 2023. The company's cash position stood at $110.2 million as of June 30, 2024, expected to support operations into H1 2027.The company announced significant leadership changes, appointing Barry Quart as CEO and David Szekeres as President in June 2024. As part of its transformation into a U.S.-centric company, Connect is reducing its China presence and has already decreased its workforce there by 15%, with further reductions planned by year-end.Research and development expenses decreased to $13.3 million from $26.6 million year-over-year, primarily due to reduced clinical trials and manufacturing activities. The company received favorable FDA feedback regarding potential Phase 3 programs for rademikibart in asthma and atopic dermatitis, while its partner Simcere has initiated Phase 3 trials in China.
康乃德生物報告了2024年上半年的強勁財務業績,營業收入爲2410萬美元,凈利潤爲760萬美元,相比之下,2023年上半年淨虧損爲3050萬美元。截止到2024年6月30日,公司的現金狀況爲11020萬美元,預計將支持其運營直到2027年上半年。該公司宣佈了重大領導更換,任命巴里·夸特爲首席執行官,任命大衛·塞基雷斯爲總裁,時間爲2024年6月。作爲向美國中心公司的轉型的一部分,康乃德正在減少其在中國的業務,並已將其在中國的員工減少了15%,計劃在年末前進行進一步裁員。研發費用從去年同期的2660萬美元減少至1330萬美元,這主要是由於臨牀試驗和製造活動的減少。該公司收到了有關其在哮喘和特應性皮炎方面的rademikibart潛在3期項目的FDA積極反饋,而其合作伙伴信誠已經在中國啓動了3期試驗。
康乃德生物報告了2024年上半年的強勁財務業績,營業收入爲2410萬美元,凈利潤爲760萬美元,相比之下,2023年上半年淨虧損爲3050萬美元。截止到2024年6月30日,公司的現金狀況爲11020萬美元,預計將支持其運營直到2027年上半年。該公司宣佈了重大領導更換,任命巴里·夸特爲首席執行官,任命大衛·塞基雷斯爲總裁,時間爲2024年6月。作爲向美國中心公司的轉型的一部分,康乃德正在減少其在中國的業務,並已將其在中國的員工減少了15%,計劃在年末前進行進一步裁員。研發費用從去年同期的2660萬美元減少至1330萬美元,這主要是由於臨牀試驗和製造活動的減少。該公司收到了有關其在哮喘和特應性皮炎方面的rademikibart潛在3期項目的FDA積極反饋,而其合作伙伴信誠已經在中國啓動了3期試驗。
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