Lyell Immunopharma Reports Business Highlights and Financial Results for the First Quarter 2024
Initial data from at least 20 patients from the Phase 1 clinical trial of LYL797 are expected this quarter.
- Initial data from at least 20 patients from the Phase 1 clinical trial of LYL797 are expected this quarter.
- Initial clinical and translational data from the Phase 1 trial of LYL845 are expected in the second half of 2024.
- Research and development (R&D) expenses were $43.2 million for the first quarter ended March 31, 2024, compared to $44.6 million for the same period in 2023.
- The decrease in first quarter 2024 non-GAAP R&D expenses was primarily driven by a decrease in personnel-related expenses.