Tempest Reports Year End 2023 Financial Results and Provides Business Update
“2023 was a transformative year for Tempest.
- “2023 was a transformative year for Tempest.
- We announced strong positive randomized data showing the benefit of TPST-1120 combination therapy compared to standard-of-care in first-line liver cancer,” said Stephen Brady, president and chief executive officer of Tempest.
- Tempest ended the year with $39.2 million in cash and cash equivalents, compared to $31.2 million on December 31, 2022.
- Based on current cash and operating plan, Tempest expected to have sufficient resources to fund operations into the second quarter of 2025.