Keros Therapeutics Reports Recent Business Highlights and Third Quarter 2023 Financial Results
Keros expects to initiate the KER-065 Phase 1 clinical trial in a healthy adult population in the first quarter of 2024.
- Keros expects to initiate the KER-065 Phase 1 clinical trial in a healthy adult population in the first quarter of 2024.
- Keros reported a net loss of $39.4 million in the third quarter of 2023 as compared to a net loss of $23.5 million in the third quarter of 2022.
- Keros’ cash and cash equivalents as of September 30, 2023 was $287.9 million compared to $279.0 million as of December 31, 2022.
- Keros expects that the cash and cash equivalents it had on hand at September 30, 2023 will enable Keros to fund its operating expenses and capital expenditure requirements into the fourth quarter of 2025.