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2025-03-20 19:44
Cash, cash equivalents, restricted cash, and marketable securities as of December 31, 2024, were $377 million vs $247.1 million as of September 30, 2024.
The increase of $129.9 million was primarily related to upfront payment received from Novartis in connection with our license agreement.
Strong cash position expected to fund operations into 2028 through multiple anticipated proof-of-concept clinical readouts.