Calithera Biosciences (CALA) Reports Q3 Net Loss of $9.8M

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Go back to Calithera Biosciences (CALA) Reports Q3 Net Loss of $9.8M

Calithera Biosciences Reports Third Quarter 2022 Financial Results and Business Update

November 14, 2022 4:05 PM EST

SOUTH SAN FRANCISCO, Calif., Nov. 14, 2022 (GLOBE NEWSWIRE) -- Calithera Biosciences, Inc. (Nasdaq: CALA), a clinical-stage, precision-oncology biopharmaceutical company, today announced its financial results for the third quarter ended September 30, 2022.

Earlier in the fourth quarter, we were very pleased to announce that we received FDA Fast Track designation for sapanisertib. This designation facilitates more frequent communication with the Agency, as well as a number of other benefits that could support our efforts to bring sapanisertib to patients in this area of high unmet need more quickly, said Susan Molineaux, PhD, president and chief... More