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Earnings Call Summary | Exscientia(EXAI.US) Q4 2023 Earnings Conference

Earnings Call Summary | Exscientia(EXAI.US) Q4 2023 Earnings Conference

業績電話會議摘要 | Exscientia (EXAI.US) 2023 年第四季度業績會議
富途資訊 ·  03/22 02:56  · 電話會議

The following is a summary of the Exscientia Plc (EXAI) Q4 2023 Earnings Call Transcript:

以下是Exscientia Plc(EXAI)2023年第四季度業績電話會議記錄的摘要:

Financial Performance:

財務業績:

  • Exscientia concluded the year with a bank balance of $463 million in cash and fixed-term deposits.

  • An operational cash burn of $150 million for the previous year was reported.

  • A reduced operational cash burn is expected for 2024 compared to 2023.

  • With the current financial runway, the company's funds are projected to last well into 2026, allowing for further platform development and pipeline progression.

  • Exscientia在今年年底的銀行存款餘額爲4.63億美元的現金和定期存款。

  • 據報道,上一年的運營現金消耗爲1.5億美元。

  • 與2023年相比,預計2024年的運營現金消耗將減少。

  • 在目前的財務狀況下,該公司的資金預計將持續到2026年,從而允許進一步的平台開發和管道進展。

Business Progress:

業務進展:

  • The company made strides in expanding its technological capabilities, including launching an automation suite near Oxford.

  • Ongoing internal pipeline initiatives centered on high-value oncology targets, with programs such as GTA-EXS-617 and EXS74539 advancing.

  • Expanded collaborations with Sanofi and Merck KGaA, and focus on CDK7 inhibitor and LSD1 inhibitor for possible cancer treatments.

  • From an investment in automation, a significant financial impact is anticipated within a few years due to cost savings.

  • Exscientia marked its first milestone within its Sanofi collaboration in late 2023 and expects a rise in milestones in the next 18 to 36 months.

  • The CDK7 program is progressing through its monotherapy dose escalation phase, with results expected in 2024.

  • Plans to file each IND for the LSD1 inhibitor in early Q3-2024, with the first patient expected to be dosed by year's end.

  • Expressed an interest in further partnerships and exploring alliances with tech companies to boost their precise data-focused approach.

  • 該公司在擴大其技術能力方面取得了長足的進步,包括在牛津附近推出自動化套件。

  • 正在進行的內部研發計劃以高價值腫瘤學靶標爲中心,GTA-EXS-617 和 EXS74539 等項目正在推進。

  • 擴大了與賽諾菲和默沙東KGaA的合作,重點開發用於可能的癌症治療的CDK7抑制劑和LSD1抑制劑。

  • 通過對自動化的投資,由於成本的節約,預計將在幾年內產生重大的財務影響。

  • Exscientia在2023年底標誌着其與賽諾菲合作中的第一個里程碑,並預計在未來18至36個月內,里程碑將增加。

  • CDK7計劃正在進入單一療法劑量遞增階段,預計將在2024年取得成果。

  • 計劃在 Q3-2024 早期提交每個 LSD1 抑制劑的臨床試驗報告,預計第一位患者將在年底前服藥。

  • 表示有興趣與科技公司建立進一步的合作伙伴關係並探索結盟關係,以推動他們以數據爲中心的精確方法。

More details: Exscientia IR

更多詳情: Exscientia 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。


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