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Stock impact report

Achilles Therapeutics Reports Third Quarter 2024 Financial Results [Yahoo! Finance]

Achilles Therapeutics plc - American Depositary Shares (ACHL) 
Company Research Source: Yahoo! Finance
LONDON, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Achilles Therapeutics plc (NASDAQ: ACHL) today announced its financial results for the third quarter ended September 30, 2024, and recent corporate updates. Corporate Updates Following the discontinuation of its TIL-based cNeT program and closure of the Phase I/IIa CHIRON and THETIS clinical trials, the Company has engaged BofA Securities as a financial advisor in the process of exploring strategic options. Achilles Chief Scientific Officer, Sergio Quezada, presented “ Targeting Clonal Neoantigens with Precision T-Cell Therapies: Key Mechanistic Insights From cNeT Clinical Trials ” in a seminar on October 23, 2024 at the 6 th Annual TIL Therapies Summit. Financial Highlights Cash and cash equivalents: Cash and cash equivalents were $86.1 million as of September 30, 2024, as compared to $131.5 million as of December 31, 2023. Subsequent to September 30, 2024, the Company received a cash R&D tax credit of $12.8 million. Research and Show less Read more
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