earnings
confidence high
sentiment neutral
materiality 0.65
Cullinan Oncology reports Q4 2023 net loss of $25.6M; CFO Trigilio to depart Mar 29
Cullinan Therapeutics, Inc.
- Net loss for FY 2023 was $155.1M vs income of $109.2M in 2022; Q4 loss $25.6M.
- Cash and investments $468.3M; runway expected into H2 2026.
- On track to report CLN-619 combo/monotherapy data at a medical meeting in Q2 2024.
- Received FDA IND clearance for CLN-619 in multiple myeloma; exploring CLN-978 in autoimmune diseases.
- CFO Jeff Trigilio to depart effective March 29, 2024, with transition support.