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Longboard Pharmaceuticals Reports First Quarter 2024 Financial Results and Provides Corporate Updates [Yahoo! Finance]

Longboard Pharmaceuticals, Inc. (LBPH) 
Company Research Source: Yahoo! Finance
Presented late-breaking data for bexicaserin from the PACIFIC Study at the American Academy of Neurology (AAN) Annual Meeting in April 2024 Bexicaserin global Phase 3 program expected to initiate by YE 2024 LP659 first-in-human Phase 1 single-ascending dose (SAD) study topline data expected Q2 2024 Ended first quarter 2024 with $321.0 million in cash, cash equivalents and investments; cash runway is expected to support current planned operations into 2027 LA JOLLA, Calif., May 02, 2024 BUSINESS WIRE Longboard Pharmaceuticals, Inc. (Nasdaq: LBPH), a clinical-stage biopharmaceutical company focused on developing novel, transformative medicines for neurological diseases, today provided a corporate update and reported first quarter 2024 financial results. "I am extremely encouraged by the totality of the bexicaserin data generated to date. The recently presented late-breaking data from the PACIFIC Study at AAN continues to support the potential of bexicaserin as a best-in-class Show less Read more
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