other material
confidence high
sentiment neutral
materiality 0.65
Zentalis reports $392M cash; on track for azenosertib monotherapy dose, ASCO data
Zentalis Pharmaceuticals, Inc.
- Cash, cash equivalents and marketable securities of $392M as of March 31, 2023; runway into Q2 2025.
- R&D expenses $48.6M (up $2.5M YoY); G&A expenses $16.4M (up $4.6M YoY), with lease impairment charges.
- On track to disclose azenosertib monotherapy dose in 1H 2023; positive Phase 1b chemo combo data in ovarian cancer at ASCO June 5.
- Appointed Diana Hausman, M.D. to Board of Directors; Funda Meric-Bernstam, M.D. to Scientific Advisory Board.
- ZN-d5 interim data in AL amyloidosis expected 2H 2023; Phase 1/2 combo with azenosertib in AML preliminary data also 2H 2023.