Precigen reports full year 2023 financial results and business updates
– significant progress made in the development of the prgn-2012 adenoverse immunotherapy for the treatment of rrp; precigen plans to submit a bla under an accelerated approval pathway in the second half of 2024; ramping up commercial readiness activities for a potential launch in 2025 – – precigen's prgn-2012 received the first breakthrough therapy designation and accelerated approval pathway from the fda for the treatment of rrp – – precigen received ind clearance for a randomized phase 2 study of prgn-2009 adenoverse immunotherapy in combination with pembrolizumab in hpv-associated recurrent/metastatic cervical cancer; study now active and recruiting patients – – interim data from the ongoing phase 1b study of prgn-3006 ultracar-t in relapsed/refractory aml anticipated in the second half of 2024 – – preliminary data from the phase 1 study of prgn-3007 next generation ultracar-t in ror1+ advanced cancers anticipated in the second half of 2024 – – cash, cash equivalents, short-term and long-term investments totaled $62.9 million as of december 31, 2023 – – continued focus on cost containment resulted in a reduction in sg&a costs of 16% for the twelve months ended december 31, 2023, compared to the prior year period – germantown, md. , march 19, 2024 /prnewswire/ -- precigen, inc. (nasdaq: pgen), a biopharmaceutical company specializing in the development of innovative gene and cell therapies to improve the lives of patients, today announced full year 2023 financial results and business updates.
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