earnings
confidence high
sentiment neutral
materiality 0.60
LianBio reports Q4 net loss $21.2M; cash $403.2M; mavacamten Phase 3 ongoing
LianBio
- Net loss $21.2M in Q4 2021 vs $12.7M Q4 2020; full-year loss $196.3M vs $139.6M.
- Cash, equivalents, marketable securities $403.2M at Dec 31, 2021; runway through 2023.
- Phase 3 EXPLORER-CN trial of mavacamten initiated in Chinese oHCM patients; Breakthrough Therapy designation granted.
- Infigratinib approved under named patient program for cholangiocarcinoma in Hainan pilot zone.
- Three programs (TP-03, NBTXR3, infigratinib) expected to enter Phase 3 in China by end of 2022.