other material
confidence high
sentiment neutral
materiality 0.65
Cardiff Oncology Q1 2024: $67.2M cash, ONSEMBLE data show 50% ORR in bev naïve mCRC
Cardiff Oncology, Inc.
- Cash and equivalents $67.2M as of March 31, 2024; projected runway into Q3 2025.
- Operating expenses $11.1M, down $1.0M YoY; net cash used in ops $7.7M.
- ONSEMBLE trial: bev naïve patients on onvansertib+SoC had 50% ORR vs 0% for SoC alone.
- Initial readout from first-line RAS-mutated mCRC Phase 2 CRDF-004 trial expected 2H 2024.
- Preclinical AACR data showed onvansertib activity in RAS wild-type mCRC, SCLC, and ovarian cancer.