earnings
confidence high
sentiment neutral
materiality 0.55
Caribou Q4 net loss $27M; cash $317M; CB-010 data update planned H2 2023
Caribou Biosciences, Inc.
- Net loss of $27.0M in Q4 2022 and $99.4M for full year 2022, vs. $18.5M and $66.9M in 2021.
- Cash, equivalents, and marketable securities $317.0M as of Dec 31, 2022; runway into 2025.
- CB-010 ANTLER trial: all 6 pts at dose level 1 achieved complete response; 6-month CR in 3/6.
- CB-011 CaMMouflage trial recruiting at dose level 1 for r/r multiple myeloma; CB-012 IND planned H2 2023.
- R&D expenses $25.7M in Q4 2022 vs. $15.1M in Q4 2021, driven by pipeline advancement and headcount.