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Jun 30, 2024
Zura Bio Q2 2024 Earnings Report
Zura Bio reported its second quarter 2024 financial results.
Key Takeaways
Zura Bio reported a net loss of $12.7 million for the second quarter of 2024. The company's cash and cash equivalents were $188.4 million as of June 30, 2024, expected to support operations through 2027. The company is advancing its Phase 2 clinical programs in SSc and HS.
Cash and cash equivalents were $188.4 million as of June 30, 2024.
R&D expenses were $5.5 million for the second quarter of 2024.
G&A expenses were $6.2 million for the first quarter of 2024.
Net loss for the second quarter of 2024 was $12.7 million or $0.17 per share.
Forward Guidance
Zura Bio anticipates that its existing cash and cash equivalents and investments should be sufficient to support operations as currently planned through 2027.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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