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Dec 31, 2021
CervoMed Q4 2021 Earnings Report
Diffusion Pharmaceuticals reported its financial results for 2021 and provided a business update.
Key Takeaways
Diffusion Pharmaceuticals reported cash and cash equivalents of $37.3 million as of December 31, 2021. The company is focused on advancing its lead product candidate, TSC, for hypoxic solid tumors.
Altitude Trial dosing expected to be completed in 2Q2022; mid-2022 for ILD-DLCO Trial.
Phase 2 Hypoxic Solid Tumor Study Protocol Submission Planned to Support 2H22 Study Start.
Cash and cash equivalents totaled $37.3M as of year-end 2021.
Cash is expected to fund operations through 2023.