earnings
confidence high
sentiment positive
materiality 0.80
Apogee Therapeutics Reports Q3 2024 Financial Results and Pipeline Progress
Apogee Therapeutics, Inc.
2024-Q3 EPS reported
-$2.11
- Cash, cash equivalents and marketable securities of $753.8M as of Sept 30, 2024, with runway into 2028.
- Net loss for Q3 2024 was $49.0M, compared to $20.8M in Q3 2023.
- APG777 Phase 2 Part A data expected in 2H 2025; interim Phase 1 data for APG808 in 4Q 2024.
- APG333 development candidate nominated; Phase 1 planned for late 2024 or early 2025.
- Jeff S. Hartness appointed as Chief Commercial Officer in September 2024.