Annexon Reports Fourth Quarter and Year-End 2023 Financial Results and Key Anticipated Milestones
BRISBANE, Calif., March 26, 2024 (GLOBE NEWSWIRE) -- Annexon, Inc. (Nasdaq: ANNX), a biopharmaceutical company advancing a late-stage clinical platform of novel therapies for people living with devastating classical complement-mediated neuroinflammatory diseases of the body, brain, and eye, today highlighted portfolio progress and reported fourth quarter and full year 2023 financial results.
- Finally, we anticipate clinical proof-of-concept data from our novel oral inhibitor ANX1502 later in the year.
- ANX005 in GBS: First-in-class monoclonal antibody designed to block C1q and the entire classical complement pathway in both the body and the brain.
- ANX005 in GBS: Topline data from pivotal, randomized, placebo-controlled Phase 3 trial expected in the second quarter of 2024.
- Cash and operating runway: Cash and cash equivalents and short-term investments were $259.7 million as of December 31, 2023.