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Stock impact report

Tango Therapeutics Reports First Quarter 2024 Financial Results and Provides Business Highlights

Tango Therapeutics, Inc. (TNGX) 
Company Research Source: Business Wire
– Dose expansion initiated in TNG908 phase 1/2 clinical trial –– Dose expansion expected to initiate in TNG462 phase 1/2 clinical trial in 2Q 2024 –– Clinical data expected in 2H 2024 from PRMT5 program –– Dose escalation ongoing in TNG260 and TNG348 clinical-stage precision oncology programs –– Strong cash position of $344 million as of March 31, 2024; cash runway into late 2026 expected to fund all clinical programs through proof-of-concept – BOSTON--(BUSINESS WIRE)--Tango Therapeutics, Inc. (NASDAQ: TNGX), a clinical-stage biotechnology company committed to discovering and delivering the next generation of precision cancer medicines, reported its financial results for the first quarter ended March 31, 2024, and provided business highlights.“We are progressing both TNG908 and TNG462 into dose expansion in order to accelerate our clinical development. We look forward to sharing a comprehensive clinical data update on our PRMT5 program in the second half of this year,” said Barbara Show less Read more
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