earnings
confidence high
sentiment neutral
materiality 0.65
Prelude Therapeutics reports FY 2022 net loss of $115.4M; cash runway through Q4 2024
Prelude Therapeutics Inc
- Net loss of $115.4M ($2.44 per share) vs $111.7M ($2.43 per share) in FY 2021.
- Cash and equivalents of $201.7M as of Dec 31, 2022; runway extended through Q4 2024.
- R&D expenses $92.9M, G&A $30.7M; both up YoY.
- Clinical trial collaboration with BeiGene to evaluate PRT2527 + zanubrutinib in hematologic malignancies.
- Bryant D. Lim appointed Chief Legal Officer, effective Feb 20, 2023.