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

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

Assembly Biosciences | 8-K:Assembly Biosciences公佈2024年第三季度財務業績和最新
美股SEC公告 ·  11/08 05:22

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On November 7, 2024, Assembly Biosciences, Inc., a biotechnology company, announced its financial results for the third quarter ending September 30, 2024. The company reported a cash position of $95.0 million, which is projected to fund operations into the first quarter of 2026. Revenue from collaborative research was $6.8 million, attributed to the collaboration with Gilead Sciences, Inc. Research and development expenses increased to $13.5 million due to more candidates in development, while general and administrative expenses remained stable at $4.3 million. The net loss for the quarter was $9.6 million, or $1.51 per share, an improvement from the $14.4 million loss in the same period of 2023. Assembly Biosciences also highlighted progress in its clinical pipeline, including positive Phase 1a interim data for ABI-5366, a candidate for recurrent genital herpes, and the initiation of Phase 1b trials. The company expects to release interim data for two other candidates, ABI-4334 and ABI-5366, by the end of 2024 and the first half of 2025, respectively. Additionally, two more candidates, ABI-1179 and ABI-6250, are on track to enter clinical trials by the end of 2024.
On November 7, 2024, Assembly Biosciences, Inc., a biotechnology company, announced its financial results for the third quarter ending September 30, 2024. The company reported a cash position of $95.0 million, which is projected to fund operations into the first quarter of 2026. Revenue from collaborative research was $6.8 million, attributed to the collaboration with Gilead Sciences, Inc. Research and development expenses increased to $13.5 million due to more candidates in development, while general and administrative expenses remained stable at $4.3 million. The net loss for the quarter was $9.6 million, or $1.51 per share, an improvement from the $14.4 million loss in the same period of 2023. Assembly Biosciences also highlighted progress in its clinical pipeline, including positive Phase 1a interim data for ABI-5366, a candidate for recurrent genital herpes, and the initiation of Phase 1b trials. The company expects to release interim data for two other candidates, ABI-4334 and ABI-5366, by the end of 2024 and the first half of 2025, respectively. Additionally, two more candidates, ABI-1179 and ABI-6250, are on track to enter clinical trials by the end of 2024.
2024年11月7日,生物技術公司assembly biosciences宣佈截至2024年9月30日的第三季度財務業績。該公司報告現金頭寸爲9500萬美元,預計可支持運營至2026年第一季度。合作研究營業收入爲680萬美元,歸因於與吉利德科學公司的合作。研發費用由於開發的候選藥物增加而增加至1350萬美元,而一般和行政費用保持穩定,爲430萬美元。本季度淨虧損爲960萬美元,每股虧損1.51美元,較2023年同期的1440萬美元虧損有所改善。assembly biosciences還強調了其臨床產品管線的進展,包括ABI-5366用於複發性生殖器皰疹的積極1a期中數據以及開始進行的第10億期試驗。該公司預計將於2024年底和2025年上半年分別發佈其他兩個候選藥物ABI-4334和ABI-5366的中期數據。此外,另外兩個候選藥物ABI-1179和ABI-6250計劃在2024年底前進入臨床試驗階段。
2024年11月7日,生物技術公司assembly biosciences宣佈截至2024年9月30日的第三季度財務業績。該公司報告現金頭寸爲9500萬美元,預計可支持運營至2026年第一季度。合作研究營業收入爲680萬美元,歸因於與吉利德科學公司的合作。研發費用由於開發的候選藥物增加而增加至1350萬美元,而一般和行政費用保持穩定,爲430萬美元。本季度淨虧損爲960萬美元,每股虧損1.51美元,較2023年同期的1440萬美元虧損有所改善。assembly biosciences還強調了其臨床產品管線的進展,包括ABI-5366用於複發性生殖器皰疹的積極1a期中數據以及開始進行的第10億期試驗。該公司預計將於2024年底和2025年上半年分別發佈其他兩個候選藥物ABI-4334和ABI-5366的中期數據。此外,另外兩個候選藥物ABI-1179和ABI-6250計劃在2024年底前進入臨床試驗階段。
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