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Stock impact report

Zura Bio Reports First Quarter 2024 Financial Results and Recent Business Highlights

Zura Bio Limited - Class A Ordinary shares (ZURA) 
Company Research Source: Business Wire
Ended Q1 2024 with $89.8 million in cash and closed oversubscribed $112.5 million private placement in April 2024 from new and existing leading life sciences institutional investorsAppointed Robert Lisicki as CEO and Kiran Nistala, M.B.B.S., Ph.D. as CMOOn track to initiate Phase 2 studies evaluating tibulizumab (ZB-106) for the treatment of systemic sclerosis (SSc) in Q4 2024 and hidradenitis suppurativa (HS) in Q2 2025Projected cash runway extends support for operations through 2027 with the recent private placement factored in HENDERSON, Nev.--(BUSINESS WIRE)--Zura Bio Limited (Nasdaq: ZURA) (“Zura Bio”), a clinical stage, multi-asset immunology company developing novel dual-pathway antibodies for autoimmune and inflammatory diseases, today reported its first quarter 2024 financial results, and recent business highlights."Our recent financial and business highlights demonstrate how we continue to strengthen the company for future success. Our leadership additions and oversubscri Show less Read more
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