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Sep 30, 2024

Aura Biosciences Q3 2024 Earnings Report

Aura Biosciences reported financial results and business highlights for Q3 2024.

Key Takeaways

Aura Biosciences reported positive Phase 2 end-of-study data with Bel-sar in early-stage choroidal melanoma and the ongoing Phase 3 CoMpass trial recently received authorization to start enrolling patients in Europe. Multiple clinical complete responses were observed with a single low dose of Bel-sar in the ongoing Phase 1 trial in non-muscle invasive bladder cancer. The company's strong cash position is expected to support operations into 2H 2026.

Presented positive Phase 2 end of study data with Bel-sar in early-stage choroidal melanoma.

Received authorization to start enrolling patients in Europe in the ongoing Phase 3 CoMpass trial.

Observed multiple clinical complete responses with a single low dose of Bel-sar in ongoing Phase 1 trial in Non-Muscle Invasive Bladder Cancer (NMIBC).

Cash position is expected to support operations into 2H 2026.

Total Revenue
$0
0
EPS
-$0.42
Previous year: -$0.48
-12.5%
Gross Profit
-$313K
Previous year: -$400K
-21.8%
Cash and Equivalents
$25.4M
Previous year: $55.6M
-54.3%
Free Cash Flow
-$15.6M
Previous year: -$15.5M
+0.8%
Total Assets
$205M
Previous year: $180M
+14.2%

Aura Biosciences

Aura Biosciences

Forward Guidance

Aura Biosciences believes its current cash and cash equivalents and marketable securities will fund operations into the second half of 2026.