earnings
confidence high
sentiment positive
materiality 0.70
Moleculin Q1 cash $16.8M; Annamycin CRc 62% in 1st/2nd line AML
Moleculin Biotech, Inc.
- R&D expense $4.3M, G&A $2.4M; cash $16.8M expected to fund operations into Q4 2024.
- MB-106 trial: 20 subjects evaluated; 45% CRc all lines (N=20); 62% CRc in 1st/2nd line (N=13).
- USPTO issued patent for liposomal Annamycin composition; EMA granted Orphan Drug Designation for AML.
- End of Phase 2 FDA meeting expected H1 2024; pivotal trial initiation planned H1 2025; NDA submission potential 2027.
- Formed Annamycin Scientific Advisory Board with Dr. Martin Tallman as inaugural member.