earnings
confidence high
sentiment neutral
materiality 0.55
Rallybio reports Q4 2021 net loss of $12.4M; cash $175.3M; pipeline updates on RLYB212 and RLYB116
Rallybio Corp
- Net loss of $12.4M ($0.42 per share) for Q4 2021; full year net loss $47.0M ($1.84 per share).
- Cash and cash equivalents of $175.3M as of December 31, 2021.
- R&D expenses $6.1M in Q4 2021 ($26.9M FY); G&A $6.2M Q4 ($18.7M FY).
- Phase 1b proof-of-concept for RLYB212 (FNAIT) to start Q2 2022; initial data expected Q3 2022.
- Phase 1 study of RLYB116 (C5 inhibitor) initiated; single dose safety/PK/PD data expected 2H 2022.