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HOOKIPA Pharma | 8-K: HOOKIPA Pharma Reports Second Quarter 2024 Financial Results and Recent Business Highlights

HOOKIPA Pharma | 8-K: HOOKIPA Pharma Reports Second Quarter 2024 Financial Results and Recent Business Highlights

HOOKIPA Pharma | 8-K:HOOKIPA Pharma公布2024年第二季度财务业绩和近期业务亮点
美股SEC公告 ·  2024/08/08 16:38

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HOOKIPA Pharma reported Q2 2024 financial results and significant progress on its lead candidate eseba-vec. The company plans to initiate the AVALON-1 Phase 2/3 pivotal trial for HPV16+ head and neck cancer in Q4 2024, following FDA alignment on trial design. The company also received EMA PRIME designation for eseba-vec in first-line HPV16+ OPSCC treatment.Key operational highlights include FDA clearance for HB-700 IND in KRAS-mutated cancers, initiation of HB-500 HIV trial with Gilead triggering a $5M milestone payment, and appointment of new CEO Malte Peters and CFO Terry Coelho. The company also completed a 1:10 reverse stock split to maintain Nasdaq listing compliance.Financial results showed cash position of $77.4M as of June 30, 2024, down from $117.5M at year-end 2023. Q2 revenue was $1.3M compared to $2.7M in Q2 2023. Net loss widened to $19.1M from $18.0M year-over-year, primarily due to lower collaboration revenue following Roche agreement termination.
HOOKIPA Pharma reported Q2 2024 financial results and significant progress on its lead candidate eseba-vec. The company plans to initiate the AVALON-1 Phase 2/3 pivotal trial for HPV16+ head and neck cancer in Q4 2024, following FDA alignment on trial design. The company also received EMA PRIME designation for eseba-vec in first-line HPV16+ OPSCC treatment.Key operational highlights include FDA clearance for HB-700 IND in KRAS-mutated cancers, initiation of HB-500 HIV trial with Gilead triggering a $5M milestone payment, and appointment of new CEO Malte Peters and CFO Terry Coelho. The company also completed a 1:10 reverse stock split to maintain Nasdaq listing compliance.Financial results showed cash position of $77.4M as of June 30, 2024, down from $117.5M at year-end 2023. Q2 revenue was $1.3M compared to $2.7M in Q2 2023. Net loss widened to $19.1M from $18.0M year-over-year, primarily due to lower collaboration revenue following Roche agreement termination.
HOOKIPA Pharma报告了2024年第二季度的财务结果,并在其主要候选药物eseba-vec上取得了显著进展。该公司计划在2024年第四季度启动针对HPV16+头颈癌的AVALON-1二期/三期关键试验,此前已与FDA就试验设计达成一致。该公司还获得了欧洲药品管理局(EMA)针对eseba-vec在一线HPV16+开放性咽峡癌(OPSCC)治疗中的优先认证。主要运营亮点包括获得FDA对Hb-700 IND在KRAS突变癌症中的批准,与吉利德(Gilead)合作启动Hb-500 HIV试验,触发了500万美元的里程碑付款,以及新任首席执行官Malte Peters和首席财务官Terry ...展开全部
HOOKIPA Pharma报告了2024年第二季度的财务结果,并在其主要候选药物eseba-vec上取得了显著进展。该公司计划在2024年第四季度启动针对HPV16+头颈癌的AVALON-1二期/三期关键试验,此前已与FDA就试验设计达成一致。该公司还获得了欧洲药品管理局(EMA)针对eseba-vec在一线HPV16+开放性咽峡癌(OPSCC)治疗中的优先认证。主要运营亮点包括获得FDA对Hb-700 IND在KRAS突变癌症中的批准,与吉利德(Gilead)合作启动Hb-500 HIV试验,触发了500万美元的里程碑付款,以及新任首席执行官Malte Peters和首席财务官Terry Coelho的任命。该公司还完成了1:10的反向股票拆分,以维持纳斯达克上市合规性。财务结果显示,截至2024年6月30日,现金储备为7740万美元,较2023年年底的11750万美元有所下降。第二季度营业收入为130万美元,而2023年第二季度为270万美元。净亏损从去年的1800万美元扩大至1910万美元,主要由于与罗氏(Roche)协议终止后,合作收入下降。
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