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Atea Pharmaceuticals Inc (AVIR) Announces Q4 and Full Year 2023 Financial Results [Yahoo! Finance]

Atea Pharmaceuticals, Inc. - common stock (AVIR) 
Company Research Source: Yahoo! Finance
Research and Development Expenses : Increased to $35.0 million in Q4 and $114.2 million for the full year, reflecting higher clinical trial activities. General and Administrative Expenses : Slightly decreased in Q4 to $11.5 million but rose marginally to $49.9 million for the full year. Interest Income and Other, Net : Grew to $7.8 million in Q4 and $29.2 million for the full year, due to higher yield marketable securities and interest rates. Net Loss : Reported at $39.2 million for Q4 and $136.0 million for the full year 2023. Clinical Updates : Confirmed 98% SVR4 rate in HCV Phase 2 study and over 1,400 COVID-19 patients enrolled in Phase 3 SUNRISE-3 study. Warning! GuruFocus has detected 4 Warning Signs with AVIR. On February 28, 2024, Atea Pharmaceuticals Inc ( NASDAQ:AVIR ) released its 8-K filing , detailing its financial results for the fourth quarter and full year ended December 31, 2023, and provided a business update. Atea Pharmaceuticals Inc is a clinical-stage Show less Read more
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