ContraFect Reports Fourth Quarter 2022 and Full Year 2022 Financial Results and Provides Business Update
Research and development (R&D) expenses were $4.4 million for the fourth quarter of 2022 compared to $11.0 million in the comparable period in 2021.
- Research and development (R&D) expenses were $4.4 million for the fourth quarter of 2022 compared to $11.0 million in the comparable period in 2021.
- General and administrative (G&A) expenses were $2.3 million for the fourth quarter of 2022 compared to $3.0 million in the comparable period in 2021.
- G&A expenses were $12.2 million for the year ended December 31, 2022, compared with $11.8 million for the year ended December 31, 2021.
- As of December 31, 2022, ContraFect had cash, cash equivalents and marketable securities of $13.7 million.