Keros Therapeutics Reports Recent Business Highlights and Fourth Quarter and Full Year 2021 Financial Results
In exchange, Keros received an upfront net payment of $18.0 million in January 2022, extending expected cash runway into the first quarter of 2024.
- In exchange, Keros received an upfront net payment of $18.0 million in January 2022, extending expected cash runway into the first quarter of 2024.
- Strengthened leadership with key appointment: In February 2022, Keros appointed Christopher Rovaldi as Chief Operating Officer.
- The revenue in the year ended December 31, 2021 was primarily related to the license agreement Keros entered into with Hansoh.
- Keros cash and cash equivalents as of December 31, 2021 was $230.0 million compared to $265.9 million as of December 31, 2020.