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0 -0.026 -0.0217391304347827 -4.3478260869657E-05 0.0217826086956522 0.0521739130434783 -0.00434782608695662 0.0347826086956522
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Longeveron® Announces Third Quarter 2024 Financial Results and Provides Business Update

Longeveron Inc. - Class A Common stock (LGVN) 
Company Research Source: GlobeNewswire
Phase 2b clinical trial (ELPIS II) evaluating Lomecel-B™ in rare pediatric disease HLHS has achieved more than 80% enrollmentPositive Type C meeting with U.S. FDA confirmed ELPIS II is pivotal and, if positive, acceptable for Biological License Application (BLA) submission for full traditional approvalPositive data from the Phase 2a clinical trial (CLEAR MIND) evaluating Lomecel-B™ in Alzheimer’s disease presented in Featured Research Oral Presentation at Alzheimer’s Association International Conference® (AAIC)Total Revenue for the first nine months of 2024 increased 177% year-over-year to $1.8 million, primarily due to the successful initiation of contract manufacturing services and increased participant demand for the Bahamas Registry TrialFocused expenditure management reduced first nine months Total Operating Expenses 14% year-over-year while maintaining investments in advancing the clinical pipelineCurrent cash and cash equivalents are expected to be sufficient to fund Company th Show less Read more
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