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LAVA Therapeutics, a clinical-stage immuno-oncology company, will participate in the Jefferies Global Healthcare Conference. Stephen Hurly, President and CEO, will represent the company in a fireside chat on June 5, 2024, at 8:00 a.m. ET. The discussion will be available via webcast on the company's investor relations website. The webcast replay will be archived for 90 days following the event. LAVA focuses on developing its proprietary Gammabody® platform of bispecific gamma-delta T cell engagers.
LAVA Therapeutics provided updates and financial results for Q1 2024. Key developments include the ongoing Phase 1/2a trial of LAVA-1207 for prostate cancer, with a pembrolizumab combination expected in Q2 2024. LAVA received a $7 million milestone payment from Pfizer for PF-08046052 in Phase 1 trials. LAVA-1266 is on track for Q2 2024 IND submission. Financially, LAVA reported $7 million in revenue for Q1 2024, up from $1.2 million in Q1 2023, with cash reserves at $94.6 million, providing a runway into 2026. The net loss improved to $0.5 million from $13.9 million in Q1 2023, mainly due to reduced R&D and administrative expenses.
LAVA Therapeutics N.V. (NASDAQ: LVTX) will participate in the Citizens JMP Life Sciences Conference where Stephen Hurly, President and CEO, will join a fireside chat. The event will take place on May 13, 2024, at 10:00 a.m. ET. The webcast can be accessed on the investor relations section of the LAVA Therapeutics website.