earnings
confidence high
sentiment neutral
materiality 0.50
Aligos reports Q2 net loss $19.9M ($0.47), cash $159.3M, advances HBV/siRNA programs
Aligos Therapeutics, Inc.
2023-Q2 EPS reported
-$1.30
- Net loss $19.9M ($0.47/share) vs $29.8M ($0.79) in Q2 2021.
- Cash & investments $159.3M at June 30, 2022 (down from $205.8M at Dec 31, 2021); funds ops into H1 2024.
- R&D expenses decreased to $16.5M from $24.6M YoY, reflecting STOPS/ASO wind-down.
- Completed enrollment in multiple CAM-2 and NASH Phase 1 cohorts; on track to file CTA for siRNA ALG-125755 in Q3 2022.
- COVID-19 3CL PI ALG-097558 shows only 3-fold EC50 shift against resistant mutant vs >50-fold for nirmatrelvir.