other material
confidence high
sentiment negative
materiality 0.85
Lisata's LSTA201 trial in diabetic kidney disease fails to show consistent kidney function improvement
LISATA THERAPEUTICS, INC.
- Preliminary unaudited cash, equivalents and marketable securities of ~$69.2M as of Dec 31, 2022.
- Phase 1b trial of LSTA201 (CD34+ cell therapy) in 6 DKD patients tolerated but no consistent kidney function improvement.
- Company will evaluate data and determine next steps; no further clinical study committed.
- Corporate presentation attached as Exhibit 99.1 for investor conference use.