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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公布2024年第三季度财务业绩和最新
美股SEC公告 ·  2024/11/08 05:22

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Assembly Biosciences reported Q3 2024 financial results with a net loss of $9.6M ($1.51 per share), compared to $14.4M loss in Q3 2023. Revenue reached $6.8M from the Gilead collaboration, while R&D expenses increased to $13.5M from $10.8M YoY. The company maintained a strong cash position of $95M, projected to fund operations into Q1 2026.The company announced positive Phase 1a interim data for ABI-5366, its HSV helicase-primase inhibitor for recurrent genital herpes, demonstrating favorable safety profile and ~20-day half-life supporting potential once-weekly and once-monthly oral dosing. Phase 1b trial has commenced with interim data expected in H1 2025.Assembly Bio continues to advance its pipeline with ABI-4334's Phase 1b trial ongoing in chronic HBV patients, expecting interim data by year-end 2024. Additionally, two new candidates, ABI-1179 and ABI-6250, are on track to enter clinical trials by end of 2024, marking significant progress in the company's viral disease portfolio.
Assembly Biosciences reported Q3 2024 financial results with a net loss of $9.6M ($1.51 per share), compared to $14.4M loss in Q3 2023. Revenue reached $6.8M from the Gilead collaboration, while R&D expenses increased to $13.5M from $10.8M YoY. The company maintained a strong cash position of $95M, projected to fund operations into Q1 2026.The company announced positive Phase 1a interim data for ABI-5366, its HSV helicase-primase inhibitor for recurrent genital herpes, demonstrating favorable safety profile and ~20-day half-life supporting potential once-weekly and once-monthly oral dosing. Phase 1b trial has commenced with interim data expected in H1 2025.Assembly Bio continues to advance its pipeline with ABI-4334's Phase 1b trial ongoing in chronic HBV patients, expecting interim data by year-end 2024. Additionally, two new candidates, ABI-1179 and ABI-6250, are on track to enter clinical trials by end of 2024, marking significant progress in the company's viral disease portfolio.
Assembly Biosciences发布了2024年第三季度的财务结果,净亏损为960万美元(每股1.51美元),相比2023年第三季度的1440万美元亏损有所改善。营业收入来自与Gilead的合作,达到了680万美元,而研发费用同比增加至1350万美元,较上年的1080万美元有所上升。公司保持着9500万美元的强劲现金储备,预计可以支持运营到2026年第一季度。公司宣布了其HSV解旋酶-引物抑制剂ABI-5366的积极的1a期中期数据,用于治疗复发性生殖器疱疹,显示出了良好的安全性,并且半衰期约为20天,支持每周一次和每月一次的口服给药方案。10亿期试验已经开始,预计2025年上半年将提...展开全部
Assembly Biosciences发布了2024年第三季度的财务结果,净亏损为960万美元(每股1.51美元),相比2023年第三季度的1440万美元亏损有所改善。营业收入来自与Gilead的合作,达到了680万美元,而研发费用同比增加至1350万美元,较上年的1080万美元有所上升。公司保持着9500万美元的强劲现金储备,预计可以支持运营到2026年第一季度。公司宣布了其HSV解旋酶-引物抑制剂ABI-5366的积极的1a期中期数据,用于治疗复发性生殖器疱疹,显示出了良好的安全性,并且半衰期约为20天,支持每周一次和每月一次的口服给药方案。10亿期试验已经开始,预计2025年上半年将提供中期数据。Assembly Bio继续推进其管线,ABI-4334的10亿期试验正在对慢性HBV患者进行,预计2024年底会获得中期数据。此外,两款新候选药物ABI-1179和ABI-6250预计将在2024年底前进入临床试验,标志着公司在病毒疾病产品组合方面取得了重大进展。
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