Stifel Downgrades Neoleukin Therapeutics (NLTX) to Hold

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Neoleukin Therapeutics Announces Third Quarter 2022 Financial Results and Corporate Update

November 14, 2022 4:03 PM EST

-- Development of NL-201 to be discontinued for strategic reasons ---- Company to focus on next-generation de novo proteins and core technology ---- Company restructuring to extend cash runway into the second half of 2025 --

SEATTLE, Nov. 14, 2022 (GLOBE NEWSWIRE) -- Neoleukin Therapeutics, Inc., Neoleukin (NASDAQ: NLTX), a biopharmaceutical company utilizing sophisticated computational methods to design de novo protein therapeutics, today announced financial results for the third quarter ended September 30, 2022 as well as a strategic decision to discontinue development of NL-201, a fully de novo... More

Neoleukin Therapeutics Announces Third Quarter 2022 Financial Results and Corporate Update

November 14, 2022 4:03 PM EST

-- Development of NL-201 to be discontinued for strategic reasons --
-- Company to focus on next-generation de novo proteins and core technology --
-- Company restructuring to extend cash runway into the second half of 2025 --

SEATTLE, Nov. 14, 2022 (GLOBE NEWSWIRE) -- Neoleukin Therapeutics, Inc., Neoleukin (NASDAQ: NLTX), a biopharmaceutical company utilizing sophisticated computational methods to design de novo protein therapeutics, today announced financial results for the third quarter ended September 30, 2022 as well as a strategic decision to discontinue development of NL-201, a fully de... More