earnings
confidence high
sentiment negative
materiality 0.65
Aligos Q1 net loss $35.6M (-$0.84/sh); HBV STOPS/ASO programs terminated; cash $183.2M
Aligos Therapeutics, Inc.
2023-Q1 EPS reported
-$0.84
- Net loss of $35.6M ($0.84 per share) vs $27.7M ($0.74) in Q1 2021; R&D expense rose to $31.7M.
- Cash, equivalents and marketable securities $183.2M at March 31, 2022; runway into first half 2024.
- Terminated STOPS and ASO HBV programs in Q1 due to insufficient antiviral activity and poor tolerability.
- ALG-000184 (HBV CAM) 28-day top-line data expected Q2 2022; 12-week cohort initiating Q3.
- COVID PI candidate ALG-097558 7-20x more potent than nirmatrelvir vs variants; Phase 1 CTA planned H2 2022.