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Panbela Therapeutics, a clinical-stage biopharmaceutical company, reported a net loss of $25.3 million for the fiscal year ended December 31, 2023, compared to a net loss of $34.9 million for the previous year. The company's operating expenses decreased by 24.8% to $25.6 million, down from $34.1 million in 2022, primarily due to reduced legal and financial advisory expenses and a decrease in research and development costs. Despite the net loss, Panbela made progress in its clinical trials, including the initiation of the ASPIRE trial for its lead candidate ivospemin (SBP-101) for the treatment of pancreatic cancer. The company also completed a strategic acquisition of Cancer Prevention Pharmaceuticals (CPP) and raised significant capital through public offerings and warrant exercises, totaling approximately $26.1 million in net financing activities. Panbela's cash and cash equivalents stood at $2.6 million as of December 31, 2023. The company's future plans include continuing its clinical development efforts, seeking regulatory approvals, and exploring additional financing options to support operations beyond the second quarter of 2024.
Panbela Therapeutics, a clinical-stage biopharmaceutical company, reported a net loss of $25.3 million for the fiscal year ended December 31, 2023, compared to a net loss of $34.9 million for the previous year. The company's operating expenses decreased by 24.8% to $25.6 million, down from $34.1 million in 2022, primarily due to reduced legal and financial advisory expenses and a decrease in research and development costs. Despite the net loss, Panbela made progress in its clinical trials, including the initiation of the ASPIRE trial for its lead candidate ivospemin (SBP-101) for the treatment of pancreatic cancer. The company also completed a strategic acquisition of Cancer Prevention Pharmaceuticals (CPP) and raised significant capital through public offerings and warrant exercises, totaling approximately $26.1 million in net financing activities. Panbela's cash and cash equivalents stood at $2.6 million as of December 31, 2023. The company's future plans include continuing its clinical development efforts, seeking regulatory approvals, and exploring additional financing options to support operations beyond the second quarter of 2024.
臨床段階のバイオ製薬企業であるパンベラセラピューティクスは、2023年12月31日までの会計年度において、前年の純損失が3490万ドルであったのに対し、2530万ドルの純損失を報告しました。同社の営業費用は24.8%減の2560万ドルに減少し、2022年の3410万ドルから大幅に削減され、主に法務・財務顧問費用の削減、研究開発費用の減少によるものです。純損失にもかかわらず、パンベラは、主力候補の膵臓癌治療薬ivospemin（SBP-101）のASPIRE試験の開始を含む臨床試験での進展を遂げました。同社はまた、がん予防製薬（CPP）を戦略的に買収し、公開オファリングや認股権行使を通じて約26...すべて展開
臨床段階のバイオ製薬企業であるパンベラセラピューティクスは、2023年12月31日までの会計年度において、前年の純損失が3490万ドルであったのに対し、2530万ドルの純損失を報告しました。同社の営業費用は24.8%減の2560万ドルに減少し、2022年の3410万ドルから大幅に削減され、主に法務・財務顧問費用の削減、研究開発費用の減少によるものです。純損失にもかかわらず、パンベラは、主力候補の膵臓癌治療薬ivospemin（SBP-101）のASPIRE試験の開始を含む臨床試験での進展を遂げました。同社はまた、がん予防製薬（CPP）を戦略的に買収し、公開オファリングや認股権行使を通じて約2610万ドルの純資金調達を行いました。2023年12月31日時点のパンベラの現金及び現金同等物は260万ドルでした。同社の将来計画は、臨床開発の努力を継続し、規制当局の承認を求め、2024年第2四半期以降の運営を支援するための追加資金調達オプションを探索することです。
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