earnings
confidence high
sentiment neutral
materiality 0.50
Aligos Q3 net loss $18.6M, cash $142.3M; HBV and NASH programs advancing
Aligos Therapeutics, Inc.
2022-Q3 EPS reported
-$1.74
- Net loss $18.6M ($0.44 per share) vs $33.1M ($0.78) a year ago; R&D spending fell to $17.8M.
- Cash, equivalents, and investments $142.3M as of Sep 30, 2022, down from $205.8M at Dec 31, 2021.
- HBV CAM ALG-000184 initiated up-to-48-week dosing; siRNA ALG-125755 SAD in healthy volunteers ongoing.
- NASH THR-beta agonist ALG-055009 MAD data to be presented at AASLD; plans to advance to Phase 2.
- Pan-coronavirus protease inhibitor ALG-097558 entering Phase 1 enabling studies; clinical eval expected Q2 2023.