Selecta Biosciences (SELB) Misses Q3 EPS by 9c; Reports Cash and Cash Equivalents of $140.0M

Go back to Selecta Biosciences (SELB) Misses Q3 EPS by 9c; Reports Cash and Cash Equivalents of $140.0M

Selecta Biosciences Reports Third Quarter 2021 Financial Results and Provides Business Update

November 9, 2021 8:00 AM EST

-Established four strategic collaborations to advance next generation therapeutics and maximize the potential of ImmTOR platform-

-Reported topline data from SEL-399 (empty AAV8 capsid in combination with ImmTOR); Selecta intends continued expansion of ImmTOR platform across gene therapy pipeline-

-Continued execution of multiple preclinical programs toward IND-

-Further strengthened leadership team with the appointment of Kevin Tan as CFO-

-As of September 30, 2021, Selecta had approximately $140.0 million in cash, cash equivalents, restricted cash and marketable securities which is expected to provide runway... More