other material
confidence high
sentiment neutral
materiality 0.80
Aura cuts 20% workforce, refocuses on ocular oncology; Q2 cash $323.8M
Aura Biosciences, Inc.
- Q2 2026 cash and equivalents $323.8M; R&D expense $30.7M (up from $22.9M YoY).
- Phase 3 CoMpass fully enrolled (108 patients); topline data expected 2H 2027.
- Workforce reduction ~20% with $2.9-3.2M estimated costs; NMIBC program deprioritized.
- CFO Tony Gibney departs Sept 1, 2026; Amy Elazzouzi named interim principal financial officer.
- Susan Abu-Absi appointed COO; base salary $520K and equity award ~400K shares.