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Stock impact report

Quince Therapeutics Provides Business Update and Reports Fourth Quarter and Fiscal 2023 Financial Results [Yahoo! Finance]

Quince Therapeutics, Inc. (QNCX) 
Company Research Source: Yahoo! Finance
an innovative drug delivery technology designed to leverage a patient's own biology to deliver rare disease therapeutics, today provided an update on the company's development pipeline and reported financial results for the fourth quarter and fiscal year ended December 31, 2023. "With the acquisition of EryDel S.p.A. in October last year, we have successfully shifted our strategic focus to become a Phase 3 biotechnology company dedicated to securing regulatory approval for our lead product, EryDex, for the treatment of patients with Ataxia-Telangiectasia (A-T)," said Dirk Thye, M.D., Quince's Chief Executive Officer and Chief Medical Officer. "With $75.1 million cash on hand, we expect to have sufficient funding to complete our Phase 3 clinical trial, in addition to supporting the expansion of EryDex into other indications and our Autologous Intracellular Drug Encapsulation (AIDE) technology platform into new products. By pioneering the delivery of drugs encapsulated in a patient's Show less Read more
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