earnings
confidence high
sentiment neutral
materiality 0.55
Lisata Q1 net loss $6.2M; cash $61.1M; LSTA1 advances but LSTA201 disappoints
LISATA THERAPEUTICS, INC.
2023-Q1 EPS reported
-$0.77
- Q1 net loss $6.2M vs $4.2M YoY; R&D $3.2M, G&A $3.7M.
- Cash, equivalents & marketable securities $61.1M as of Mar 31; plus $2.2M non-dilutive NJ tax credit received Q2.
- LSTA1: first patient dosed in iLSTA trial for pancreatic cancer; basket trial in solid tumors planned before end of Q2 2023.
- LSTA201 for diabetic kidney disease showed safety but no consistent kidney function improvement; development only with partner.
- HONEDRA (LSTA12) for critical limb ischemia in Japan: pre-consultation with PMDA; seeking partner.