earnings
confidence high
sentiment neutral
materiality 0.60
Theriva Biologics reports $41.8M cash, Q4 2022 results; VCN-01 trials advance
Theriva Biologics, Inc.
- Cash and equivalents $41.8M as of Dec 31, 2022, down from $67.3M; runway into Q3 2024.
- G&A expenses $9.9M (+50.8% YoY); R&D expenses $11.7M (+50% YoY) driven by VCN-01 trials.
- First patient dosed in VIRAGE Phase 2b trial of VCN-01 for metastatic pancreatic cancer (Jan 2023).
- First patient dosed in investigator-sponsored Phase 1 trial of VCN-01 for brain tumors (Jan 2023).
- SYN-004 Phase 1b/2a in allo-HCT: blinded safety/PK data presented at Tandem Meetings (Feb 2023).