earnings
confidence high
sentiment negative
materiality 0.60
Rallybio Q3 net loss $10.2M ($0.37/share); cash $187M; pipeline on track
Rallybio Corp
2022-Q3 EPS reported
-$1.44
- Net loss $10.2M vs $7.2M in Q3 2020; R&D $5.0M flat; G&A $5.0M up from $1.6M.
- Cash and equivalents $187.0M, including $83M net from August 2021 IPO.
- Initiated FNAIT natural history study to support RLYB212 registration trial design.
- On-track to report additional Phase 1/2 RLYB211 data in Q4 2021.
- Phase 1 studies for RLYB212 and RLYB116 expected to start in Q1 2022.