earnings
confidence high
sentiment positive
materiality 0.60
Onconova Q3 net loss $4.7M; cash $25.2M; narazaciclib dose escalation extended into Q1 2024
Traws Pharma, Inc.
2023-Q3 EPS reported
-$0.70
revenue$170,000
- Net loss Q3 2023: $4.7M ($0.23/sh) vs $5.4M ($0.26/sh) year ago; cash $25.2M sufficient into Q3 2024.
- Narazaciclib Phase 1/2 dose escalation extended to at least one more cohort; no significant neutropenia or diarrhea.
- Rigosertib registrational trial plan update for RDEB-associated SCC expected in first half of 2024.
- Preclinical data for narazaciclib to be presented at SABCS and ASH in December 2023.
- Appointed Dr. Victor Moyo as CMO and Meena Arora as VP Medical Affairs in Q3 2023.