other material
confidence high
sentiment neutral
materiality 0.60
Equillium reports $40.9M cash; EQ101 Phase 2 topline due Q2; Ono itolizumab option decision 2H 2024
Equillium, Inc.
- Cash $40.9M at Dec 31, 2023; runway into 2H 2025.
- EQ101 Phase 2 alopecia areata enrollment complete; topline data Q2 2024.
- FY2023 revenue $36.1M (Ono partnership); net loss $13.3M vs $62.4M prior year.
- Ono option exercise for itolizumab expected 2H 2024; $33M exercise payment plus $101M milestones.
- Phase 3 EQUATOR aGVHD interim review expected Q3 2024.