earnings
confidence high
sentiment neutral
materiality 0.75
LianBio reports FY2022 net loss of $110.3M; cash $302.4M with runway through end of 2024
LianBio
- Net loss $18.3M in Q4 2022 ($21.2M in Q4 2021); FY2022 loss $110.3M vs $196.3M in 2021.
- Cash, cash equivalents and marketable securities $302.4M at Dec 31, 2022, down $100.8M from 2021.
- Phase 3 EXPLORER-CN trial of mavacamten completed patient visits; topline data expected mid-2023.
- Entered commercial agreement with Pfizer for sisunatovir; received $20M upfront, eligible for up to $135M milestones.
- Phase 3 LIBRA trial of TP-03 for Demodex blepharitis ongoing; data expected Q4 2023.