earnings
confidence high
sentiment positive
materiality 0.70
Zentalis FY2022 cash $437M, R&D $172.7M; azenosertib RP2D on track for 1H 2023
Zentalis Pharmaceuticals, Inc.
2022-FY EPS reported
-$4.48
- Cash, cash equivalents and marketable securities of $437.4M as of Dec 31, 2022; projected cash runway into Q2 2025.
- R&D expenses $172.7M for FY2022 (vs $175.6M in 2021); G&A expenses $54.5M (vs $40.9M).
- On track to declare azenosertib monotherapy RP2D in 1H 2023; Cyclin E1 enrichment strategy in ovarian cancer.
- Appointed Iris Roth, PhD as Chief Operating Officer in February 2023.
- Initiated enrollment in Phase 1/2 azenosertib + BEACON regimen (Pfizer) in BRAF V600E mCRC.