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0 0 0.193548387096774 0.193548387096774 0.716451612903226 0.838709677419355 0.903225806451613 0.951612903225806
Stock impact report

Allakos Reports Second Quarter 2019 Financial Results

Allakos, Inc (ALLK)  More Company Research Source: GlobeNewswire
Last allakos, inc earnings: 11/12 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.allakos.com/investor-relations
PDF REDWOOD CITY, Calif., Aug. 05, 2019 (GLOBE NEWSWIRE) -- Allakos Inc. (the “Company”) (Nasdaq: ALLK), a biotechnology company developing AK002 for the treatment of eosinophil and mast cell related diseases, today reported financial results for the second quarter ended June 30, 2019. Second Quarter 2019 Financial Results Research and development expenses were $14.1 million in the second quarter of 2019 as compared to $7.1 million in the same period in 2018. The increase in research and development expenses was primarily related to an increase in contract research and development activities in support of the advancement of AK002, the Company’s lead antibody, as well as an increase in consulting and personnel-related costs. General and administrative expenses were $5.9 million in the second quarter of 2019 as compared to $2.4 million in the same period in 2018. The increase in general and administrative expenses was primarily attributable to an increase in personnel-related costs as [Read more]
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