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Stock impact report

Equillium Reports Fourth Quarter and Full Year 2022 Financial Results and Provides Corporate & Clinical Development Updates

Equillium, Inc. (EQ) 
Last equillium, inc. earnings: 3/26 04:07 pm Check Earnings Report
Company Research Source: Business Wire
$71.0 million cash balance at the end of 2022 expected to provide cash runway into 2025Acquired Bioniz Therapeutics, including two first-in-class clinical-stage assets, EQ101 and EQ102, and proprietary product discovery platformInitiated Phase 2 clinical study of EQ101 in alopecia areata and first-in-human clinical study of EQ102Entered into strategic partnership and an option and asset purchase agreement with Ono Pharmaceutical for the development and commercialization rights to itolizumab, including an upfront payment of $26.4 million, development funding, and approximately $139 million1 in potential option exercise and milestone payments LA JOLLA, Calif.--(BUSINESS WIRE)--Equillium, Inc. (Nasdaq: EQ), a clinical-stage biotechnology company leveraging a deep understanding of immunobiology to develop novel therapeutics to treat severe autoimmune and inflammatory disorders with high unmet medical need, today announced financial results for the fourth quarter and full year 2022 and Show less Read more
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