earnings
confidence high
sentiment neutral
materiality 0.60
aTyr Pharma reports Q1 2023 cash of $117.6M; Phase 3 sarcoidosis trial enrolling
aTYR PHARMA INC
2023-Q1 EPS reported
-$0.29
- Cash, equivalents and investments of $117.6M as of March 31, 2023; $48.1M net from February stock offering.
- Phase 3 EFZO-FIT study of efzofitimod in pulmonary sarcoidosis enrolling in U.S., Europe and Japan; up to 264 subjects.
- Phase 2 proof-of-concept study in SSc-ILD expected to initiate Q3 2023; 25 patients, multiple U.S. centers.
- R&D expenses $9.4M and G&A expenses $3.4M for Q1 2023; cash runway projected into 2026.
- Multiple efzofitimod presentations planned at ATS 2023 International Conference May 19-24.