2023-02-08 16:05:16 ATRA Atara Biotherapeutics
02/08/23 02/0816:05 02/08/2316:05 | Atara Biotherapeutics reports Q4 EPS (72c), consensus (51c)Reports Q4 Cash, cash equivalents and short-term investments as of December 31, 2022 totaled $242.8 million, as compared to $371.1 million as of December 31, 2021. Atara believes that its cash and investments as of December 31, 2022, together with the $40.0 million received in January 2023 for achievement of certain milestones under the Pierre Fabre Commercialization Agreement, will be sufficient to fund the Company's planned operations into Q2 2024. "Following the landmark approval of EbvalloTM in Europe, we had productive discussions with the FDA about their requirements for a tab-cel BLA. We welcome the opportunity to further discuss the topic of comparability that may advance our progress towards a BLA submission," said Pascal Touchon, CEO. "Meanwhile, we are on track for the results of our Phase 2 EMBOLD study this October, a key catalyst that could progress ATA188 towards becoming the first ever targeted and transformative therapy in multiple sclerosis following the landmark scientific discovery of EBV as the leading trigger of MS." |
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