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Stock impact report

Lyell Immunopharma Inc (LYEL) Reports 2023 Financial Results and Business Highlights [Yahoo! Finance]

Lyell Immunopharma, Inc. (LYEL) 
Company Research Source: Yahoo! Finance
Revenue : Revenue was approximately zero for Q4 and $0.1 million for the full year 2023, following the termination of the GSK Agreement. R&D Expenses : R&D expenses increased to $47.0 million for Q4 and $182.9 million for the full year 2023. Cash Position : Ended the year with $562.7 million in cash, cash equivalents, and marketable securities. Clinical Trials : On track to report initial data from Phase 1 trials of lead CAR T-cell and TIL product candidates in 2024. Orphan Drug Designation : Received for LYL845 for the treatment of melanoma. IND Submission : Expect to submit IND for second-generation ROR1-targeted CAR T-cell product in the first half of 2024. Warning! GuruFocus has detected 2 Warning Signs with XPER. On February 28, 2024, Lyell Immunopharma Inc ( NASDAQ:LYEL ), a clinical-stage T-cell reprogramming company dedicated to the mastery of T cells to eradicate solid tumors, released its 8-K filing , detailing its financial results and business highlights for Show less Read more
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