earnings
confidence high
sentiment neutral
materiality 0.65
Chemomab Q2 net loss $6.2M, cash $51.8M; NASH topline due by year-end
Chemomab Therapeutics Ltd.
2022-Q2 EPS reported
$0.05
- Net loss $6.2M ($0.03/share) for Q2 2022 vs $2.8M loss in Q2 2021; R&D expense rose to $2.9M from $1.3M.
- Cash, equivalents and deposits $51.8M at June 30; runway expected through end of 2023.
- Phase 2 NASH trial completed treatment; topline safety and activity data expected before year-end 2022.
- Phase 2 PSC trial expanded to 93 patients across three dose cohorts; topline data anticipated H2 2024.
- Appointed Jill Quigley to board, Ilan Vaknin as VP R&D, and Christina Crater as VP Clinical Development.