other material
confidence high
sentiment positive
materiality 0.75
Lipella completes Phase 2a trial of LP-10 for hemorrhagic cystitis; reports $5.1M cash, IPO completed
LIPELLA PHARMACEUTICALS INC.
- Completed Phase 2a trial of LP-10 for hemorrhagic cystitis; top-line results showed no serious adverse events and reduced symptoms.
- Year-end cash $5.1M, provides operating runway into 2024.
- Appointed Douglas Johnston as CFO in November 2022.
- Completed IPO and Nasdaq listing in December 2022.
- Created Oral Health Scientific Advisory Board for LP-310; results to be presented at AUA meeting April 30, 2023.