earnings
confidence high
sentiment neutral
materiality 0.65
Caribou Biosciences reports FY 2023 net loss $102.1M, cash $372.4M; clinical updates
Caribou Biosciences, Inc.
- Net loss $102.1M in FY 2023 vs $99.4M in FY 2022; R&D expenses rose to $112.1M.
- Cash, equivalents, and marketable securities $372.4M at Dec 31, 2023, up from $317.0M; expected to fund operations into Q1 2026.
- CB-010: 30th patient dosed in ANTLER dose expansion; initial dose expansion data and RP2D to be disclosed in Q2 2024.
- CB-012: First patient dosed in AMpLify Phase 1 trial for r/r AML.
- CB-020 preclinical anti-ROR1 CAR-NK program paused; CB-011 enrollment continues at dose level 3.