Altimmune Announces First Quarter 2024 Financial Results and Provides a Business Update
GAITHERSBURG, Md., May 09, 2024 (GLOBE NEWSWIRE) -- Altimmune, Inc. (Nasdaq: ALT), a clinical-stage biopharmaceutical company, today announced financial results for the first quarter ended March 31, 2024, and provided a business update.
- Cash, cash equivalents and short-term investments of $182.1 million at March 31, 2024
Webcast to be held today, May 9, 2024, at 8:30 am ET
GAITHERSBURG, Md., May 09, 2024 (GLOBE NEWSWIRE) -- Altimmune, Inc. (Nasdaq: ALT), a clinical-stage biopharmaceutical company, today announced financial results for the first quarter ended March 31, 2024, and provided a business update. - With these promising data, we are preparing for our End-of-Phase 2 meeting with the U.S. Food and Drug Administration (FDA), which is expected to occur late in the third quarter.
- Financial Results for the Three Months Ended March 31, 2024
Altimmune had cash, cash equivalents and short-term investments totaling $182.1 million at March 31, 2024. - Research and development expenses were $21.5 million for the three months ended March 31, 2024, compared to $17.2 million in the same period in 2023.