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Stock impact report

Alphamab Oncology Reports Full Year 2023 Financial Results and Business Highlights [Yahoo! Finance]

TRACON Pharmaceuticals, Inc. (TCON) 
Last tracon pharmaceuticals, inc. earnings: 2/27 04:03 pm Check Earnings Report
US:NASDAQ Investor Relations: traconpharma.com
Company Research Source: Yahoo! Finance
Dr. Ting Xu, Chairman and CEO of Alphamab Oncology, commented, "In 2023, Alphamab Oncology continued to focus on addressing clinical needs and adhere to differentiated innovation. With one product already in the market and three in pivotal clinical trials, we will continue to refine our antibody engineering platform to develop safe, effective innovative anti-tumor drugs, while accelerating clinical development, product commercialization, and international collaboration." Financial Summary For the year ended December 31, 2023 , we recorded total revenue of RMB 218.77 million , a 31.12% year-on-year increase. Meanwhile, product revenue reached RMB 195.55 million , a 32.54% year-on-year increase. For the year ended December 31, 2023 , our R&D expenditure amounted to RMB 407.52 million , decreased by 12.97% as compared with year 2022. For the year ended December 31, 2023 , we recorded total loss of RMB 210.59 million , a 35.35% year-on-year decrease. The Company completed a pla Show less Read more
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