earnings
confidence high
sentiment neutral
materiality 0.60
Gossamer Bio reports FY2021 net loss of $234M; cash $325M; pipeline milestones set for 2022
Gossamer Bio, Inc.
- Net loss for Q4 2021 was $56.3M ($0.74/share); FY2021 net loss $234M ($3.13/share).
- Cash, cash equivalents and marketable securities totaled $325.2M at year-end 2021; expected to fund into H2 2023.
- GB004 Phase 2 SHIFT-UC topline data (mild-to-moderate UC) expected Q2 2022; treat-through week 36 data in Q4 2022.
- Seralutinib (GB002) Phase 2 TORREY PAH study topline data expected H2 2022, subject to COVID-19 developments.
- GB5121 IND active; global Phase 1b/2 trial for primary CNS lymphoma expected to initiate in H1 2022.