Assembly Biosciences Provides Update on its Core Inhibitor Pipeline, Reports Fourth Quarter and Year End 2022 Financial Results and Recent Highlights
In the Phase 1a study of 4334, all single-dose cohorts and the first multiple-dose cohort of 100 mg are complete.
- In the Phase 1a study of 4334, all single-dose cohorts and the first multiple-dose cohort of 100 mg are complete.
- No serious adverse events (AEs) or patterns of clinically significant AEs or laboratory abnormalities have been observed in either clinical study.
- General and administrative expenses were $24.1 million for the year ended December 31, 2022, compared to $28.8 million in 2021.
- The decrease is primarily due to a reduction in professional and consulting fees and a reduction in stock-based compensation expense.