Theriva™ Biologics Reports Full-Year 2023 Operational Highlights and Financial Results
ROCKVILLE, Md., March 25, 2024 (GLOBE NEWSWIRE) -- Theriva™ Biologics (NYSE American: TOVX), a diversified clinical-stage company developing therapeutics designed to treat cancer and related diseases in areas of high unmet need, today reported financial results for the full-year ended December 31, 2023, and provided a corporate update.
- The trial is expected to enroll 92 evaluable patients and remains on track to complete enrollment in H1 2024.
- Other income for the year ended December 31, 2023 is primarily comprised of interest income of $1,439,000 and an exchange gain of $3,000.
- Cash and cash equivalents totaled $23.2 million as of December 31, 2023, compared to $41.8 million as of December 31, 2022.
- ET to discuss its financial results for the full-year ended December 31, 2023 and provide a corporate update.