Earnings Call Summary | Allogene Therapeutics(ALLO.US) Q1 2024 Earnings Conference
Earnings Call Summary | Allogene Therapeutics(ALLO.US) Q1 2024 Earnings Conference
The following is a summary of the Allogene Therapeutics, Inc. (ALLO) Q1 2024 Earnings Call Transcript:
以下是Allogene Therapeutics, Inc.(ALLO)2024年第一季度業績電話會議記錄摘要:
Financial Performance:
財務業績:
Allogene Therapeutics reported a Q1 2024 cash balance of $397.3 million.
The company's Q1 2024 research and development expenses were $52.3 million, contributing to a net loss of $65 million or $0.38 per share.
An additional $110 million equity financing will enhance their cash balance to about $500 million.
For 2024, the company projects a cash burn of approximately $200 million with an estimated full-year GAAP operating expense of about $300 million.
Allogene Therapeutics報告稱,2024年第一季度現金餘額爲3.973億美元。
該公司2024年第一季度的研發費用爲5,230萬美元,淨虧損6500萬美元,合每股虧損0.38美元。
額外的1.1億美元股權融資將使他們的現金餘額增加到約5億美元。
該公司預計2024年的現金消耗約爲2億美元,預計全年GAAP運營支出約爲3億美元。
Business Progress:
業務進展:
Allogene Therapeutics is advancing major programs, including the ALPHA3 trial for B cell lymphoma with potential revenue growth from $500 million to over $6 billion.
The company has increased its territory rights to include the European Union and the U.K., raising the potential future revenue for its product, cema-cel, by over 50%.
Allogene is exploring the autoimmune space with ALLO-329 and was awarded a $15 million grant for the advancement of their ALLO-316 program for solid tumors.
The company is in the process of expanding the Phase 1 and Phase 2 cohorts of its ALPHA3 program while making strategic preparations for its cema-cel clinical trials in Europe.
An anticipated boost in investment will be committed to cloud infrastructure for the expansion of cema-cel.
Expected proof of concept for ALLO-329 is anticipated by the end of 2025 with IND planned for Q1 2025.
Allogene Therapeutics正在推進重大項目,包括針對B細胞淋巴瘤的 ALPHA3 試驗,其收入可能從5億美元增長到60億美元以上。
該公司增加了其領土權,將歐盟和英國包括在內,將其產品cema-cel的潛在未來收入提高了50%以上。
Allogene正在利用 ALLO-329 探索自身免疫領域,並獲得了1500萬美元的撥款,用於推進其針對實體瘤的 ALLO-316 計劃。
該公司正在擴大其 ALPHA3 計劃的第一階段和第二階段隊列,同時爲其在歐洲的cema-cel臨床試驗做戰略準備。
預計投資將增加用於擴展cema-cel的雲基礎設施。
ALLO-329 的概念驗證預計將於 2025 年底完成,IND 計劃於 2025 年第一季度進行。
More details: Allogene Therapeutics IR
更多詳情: 異基因療法 IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
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譯文內容由第三人軟體翻譯。