Welcome to our dedicated page for Athira Pharma news (Ticker: ATHA), a resource for investors and traders seeking the latest updates and insights on Athira Pharma stock.
Athira Pharma, Inc. (ATHA) is a clinical-stage biopharmaceutical company pioneering novel therapeutics targeting neurodegenerative diseases through modulation of the HGF system. This page aggregates official press releases, clinical trial updates, and strategic developments related to their pipeline of small molecule candidates.
Investors and researchers will find timely updates on regulatory milestones, partnership announcements, and scientific presentations. Key content includes progress reports on lead candidate fosgonimeton (ATH-1017) for Alzheimer's disease, updates on oral therapies ATH-1020 and ATH-1105, and analyses of biomarker-driven trial outcomes.
All materials are sourced directly from the company's investor relations communications and verified industry publications. Bookmark this page for streamlined access to Athira Pharma's latest advancements in neuroprotection research and therapeutic development.
Athira Pharma (NASDAQ: ATHA) released its Q1 2024 financial results and highlighted pipeline and business updates. The company is anticipating topline data from its Phase 2/3 LIFT-AD clinical trial of fosgonimeton for Alzheimer's disease in H2 2024. They've also filed an IND application for ATH-1105 for ALS treatment and plan a first-in-human study in Q2 2024. Financially, Athira reported a net loss of $26.3 million, or $0.69 per share, compared to $27.8 million, or $0.73 per share, in Q1 2023. Cash reserves stand at $122.1 million, down from $147.4 million in December 2023. R&D expenses were $21.2 million, while G&A expenses dropped to $6.5 million. The company remains focused on advancing its small molecule drug candidates targeting the HGF system to treat neurodegenerative diseases.
Summary: Athira Pharma, Inc. (NASDAQ: ATHA) will be participating in the Sidoti May 2024 Virtual Investor Conference and The Citizens JMP Life Sciences Conference in May. The Company management will present at these conferences to discuss their focus on developing small molecules to restore neuronal health and slow neurodegeneration. Live webcasts and archived replays will be available on the Athira website.
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