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Monday, March 20, 2023

Athenex update, including trial hold after adverse event

 Exploring a range of strategic alternatives

Revenues from product sales from continued operations increased +27% Y/Y in 4Q 2022 and +33% for full year 2022

Net Loss attributable to Athenex was $34.2 million, or $4.28 per diluted share in 4Q2022, compared to $104.4 million, or $19.08 per diluted share, in the prior year quarter

Cash, cash equivalents, and restricted cash balance of $35.6 million at year end

Additional Phase 1 dose escalation study safety and preliminary efficacy data for KUR-502 CAR-NKT cell therapy product anticipated in 2H 2023

Phase 1 GINAKIT2 study of KUR-501 on clinical hold; pending serious adverse event investigation and safety risk mitigation planning to reopen clinical trial

https://finance.yahoo.com/news/athenex-provides-fourth-quarter-full-120000323.html

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