Aduro Biotech (ADRO) Posts Q1 Loss of $39.97/Share

Go back to Aduro Biotech (ADRO) Posts Q1 Loss of $39.97/Share

Aduro Biotech Announces First Quarter 2015 Financial Results

May 28, 2015 4:00 PM EDT

Established major $750M collaboration with Novartis for STING in oncology Strengthened cash position with $200M upfront payment from Novartis and $149.3M in net proceeds from IPO and concurrent private placement in April 2015 Achieved prostate cancer milestone with Janssen's LADD strain selection Initiated STELLAR Phase 2 trial in pancreatic cancer with LADD + checkpoint inhibitor Received Orphan Drug Designation for mesothelioma immunotherapy

BERKELEY, Calif., May 28, 2015 (GLOBE NEWSWIRE) -- Aduro Biotech, Inc. (Nasdaq: ADRO),... More

Aduro Biotech Announces First Quarter 2015 Financial Results

May 28, 2015 4:00 PM EDT

Established major $750M collaboration with Novartis for STING in oncology Strengthened cash position with $200M upfront payment from Novartis and $149.3M in net proceeds from IPO and concurrent private placement in April 2015 Achieved prostate cancer milestone with Janssen's LADD strain selection Initiated STELLAR Phase 2 trial in pancreatic cancer with LADD + checkpoint inhibitor Received Orphan Drug Designation for mesothelioma immunotherapy

BERKELEY, Calif., May 28, 2015 (GLOBE NEWSWIRE) -- Aduro Biotech, Inc. (Nasdaq: ADRO),... More