LianBio Provides Corporate Update and Reports Third Quarter 2021 Financial Results
SHANGHAI, China and PRINCETON, N.J., Dec. 09, 2021 (GLOBE NEWSWIRE) -- LianBio (Nasdaq: LIAN), a biotechnology company dedicated to bringing innovative medicines to patients in China and other major Asian markets, today provided a corporate update and reported financial results for the third quarter ended September 30, 2021.
- Recent Business Highlights and Clinical Development Updates:
In November, LianBio initiated and completed enrollment and dosing in a pharmacokinetic (PK) study of mavacamten in healthy Chinese volunteers. - In October, LianBio appointed Jesse Wu to the Companys Board of Directors.
- In August, LianBio appointed Pascal Qian as China General Manager to build out the Companys operations and commercial infrastructure.
- Third Quarter 2021 Financial Results:
R&D expenses were $4.7 million for the three months ended September 30, 2021, as compared to $116.9 million for the three months ended September 30, 2020.