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Thursday, May 4, 2023

Protara Q1 Results and Business Update

 

  • Favorable tolerability and anti-tumor activity observed in NMIBC patients treated with TARA-002 in ADVANCED-1 trial
     
  • Company plans to initiate ADVANCED-2 trial in BCG-naïve CIS patients and BCG-unresponsive CIS patients in 2H23
     
  • Regulatory clearance received from FDA to commence Phase 2 trial of TARA-002 in Lymphatic Malformations; trial expected to initiate in Q423
     
  • Continue to expect cash, cash equivalents and investments of $90M as of March 31, 2023 to fund operations into 2025

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