Edited Transcript of ATHX earnings conference call or presentation 7-May-20 8:30pm GMT [Yahoo! Finance News]
Athersys, Inc. (ATHX)
Last athersys, inc. earnings: 11/6 04:05 pm
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US:NASDAQ Investor Relations:
athersys.com/press-releases
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Source: Yahoo! Finance News
Research and development expenditures were $12.1 million for the first quarter of 2020, a $700,000 increase over the $11.4 million expended in the comparable period in 2019. The $700,000 increase is associated with increases in internal research supplies of $700,000; personnel costs of $300,000; outside services of $200,000; consulting costs of $100,000; stock compensation costs of $100,000; and other research and development costs of $200,000; with these increases partially offset by decreases in clinical trial and manufacturing process development costs of $900,000.Our clinical development, clinical manufacturing and manufacturing process development expenses vary over time based on the timing and stage of clinical trials underway, manufacturing campaigns for clinical trials and manufacturing process development projects. We do expect our annual 2020 clinical development costs to increase as compared to 2019.General and administrative expenses were $3.5 million for the 3 months ende
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