Magenta Therapeutics Reports Second Quarter Financial Results and Recent Program Highlights
Magenta Therapeutics, Inc. (MGTA)
Last magenta therapeutics, inc. earnings: 11/13 08:00 am
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Source: Business Wire
– Progress in addressing the FDA’s recommendations regarding bioassay and dose escalations to clear the current clinical hold on the company’s Investigational New Drug Application to initiate MGTA-117 Phase 1/2 clinical trial –– Enrollment complete for Phase 2 clinical trial evaluating MGTA-145 plus plerixafor in patients with multiple myeloma; final clinical data expected in Q4 2021 – – Plans to initiate Phase 2 clinical trial of MGTA-145 plus plerixafor for mobilization and collection of stem cells in patients with sickle cell disease in Q4 2021 –– Ended Q2 2021 with approximately $207.8 million in cash, cash equivalents and marketable securities, and updates guidance that cash reserves are expected to fund the company’s operating plan into Q3 2023 – CAMBRIDGE, Mass.--(BUSINESS WIRE)--Magenta Therapeutics, Inc. (Nasdaq: MGTA), a clinical-stage biotechnology company developing novel medicines to bring the curative power of stem cell transplants to more patients, today reported
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