earnings
confidence high
sentiment positive
materiality 0.75
Moleculin reports Q1 2024 results; Annamycin shows 62% CRc in 1st/2nd line AML
Moleculin Biotech, Inc.
- R&D expense $4.3M, G&A $2.4M; cash $16.8M sufficient into Q4 2024.
- MB-106 interim data: CRc 62% (54% CR) in 1st/2nd line AML (N=13).
- All lines CRc 45% across 20 subjects; median durability 4.9 months and climbing.
- Milestones: complete MB-106 H1 2024; EOP2 meeting H1 2024; pivotal trial H1 2025.
- Received EMA Orphan Drug Designation for Annamycin in AML; U.S. patents issued.