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Mar 31, 2023
HilleVax Q1 2023 Earnings Report
HilleVax reported financial results for Q1 2023 and highlighted progress on HIL-214 program.
Key Takeaways
HilleVax reported a net loss of $26.9 million for the first quarter of 2023, with cash and cash equivalents totaling $260.5 million as of March 31, 2023. The company's research and development expenses increased to $23.2 million due to the advancement of the HIL-214 program.
Completed enrollment of over 3,000 subjects in the NEST-IN1 clinical trial.
Announced the appointment of Nanette Cocero, Ph.D., MBA, to its Board of Directors.
Expects topline safety and clinical efficacy data from NEST-IN1 in the first quarter of 2024.
Cash and cash equivalents totaled $260.5 million as of March 31, 2023.
HilleVax
HilleVax
Forward Guidance
Topline safety and clinical efficacy data from NEST-IN1 is expected in the first quarter of 2024.