other material
confidence medium
sentiment positive
materiality 0.60
Spero reports preliminary cash of ~$109M as of Dec 31, 2022; updates investor presentation
Spero Therapeutics, Inc.
- Preliminary cash, cash equivalents and marketable securities of ~$109M as of Dec 31, 2022 (unaudited, subject to change).
- Updated investor presentation highlights SPR720 as a potential first-line oral therapy for NTM infections.
- Partnerships for tebipenem HBr and SPR206 are noted to support a strong balance sheet.
- Audited FY2022 financials are not yet available; preliminary estimate may differ materially.