Calithera Biosciences Reports Second Quarter 2021 Financial Results and Recent Highlights
SOUTH SAN FRANCISCO, Calif., Aug. 05, 2021 (GLOBE NEWSWIRE) -- Calithera Biosciences, Inc. (Nasdaq: CALA), a fully-integrated clinical stage biotechnology company focused on discovering and developing novel, small molecule drugs for the treatment of cancer and other life-threatening diseases, announced today its financial results for the second quarter ended June 30, 2021.
- Calithera anticipates releasing interim data from the KEAPSAKE trial in the fourth quarter of 2021.
- Revenue was $3.0 million for the three months ended June 30, 2021 and represents revenue recognized in the second quarter from the companys license agreement with Antengene.
- Research and development expenses for the second quarter 2021 were $12.8million, compared to $15.6million in the same period prior year.
- General and administrative expenses for the second quarter 2021 were $4.5million, compared to $5.1million in the same period prior year.