earnings
confidence high
sentiment neutral
materiality 0.65
Tyra Biosciences Q1 net loss $28.1M; cash $318.9M; BEACH301 achondroplasia study open
Tyra Biosciences, Inc.
2025-Q1 EPS reported
-$0.47
- Net loss $28.1M vs $18.2M in Q1 2024; R&D expense $25.0M (up 45% YoY) driven by clinical start-up costs.
- Cash, equivalents, and marketable securities $318.9M as of March 31, 2025; runway through at least 2027.
- BEACH301 Phase 2 study of TYRA-300 for pediatric achondroplasia now enrolling safety sentinel cohort.
- SURF431 Phase 1 study of TYRA-430 (FGFR4/3 inhibitor) in HCC initiated; first patient dosed.
- SURF302 Phase 2 NMIBC study of TYRA-300 expected to dose first patient in Q2 2025.