Tectonic Therapeutic Announces Fourth Quarter and Full Year 2024 Financial Results and Recent Business Highlights
Tectonic Therapeutic, Inc. (TECX)
Company Research
Source: GlobeNewswire
TX45 Phase 1b trial interim analysis demonstrated meaningful improvements in both left ventricular function and pulmonary hemodynamics in patients with Group 2 Pulmonary Hypertension in Heart Failure with Preserved Ejection Fraction (“PH-HFpEF”)Positive TX45 Phase 1b interim results support endpoints and patient population in ongoing APEX Phase 2 trial, with topline results expected in 2026TX45 Phase 1b Part B trial enrolled its first subject with Heart Failure with reduced Ejection Fraction (“HFrEF”) in March 2025Cash and cash equivalents of $141.2 million as of December 31, 2024 and February 2025 private placement gross proceeds of approximately $185.0 million, together expected to provide a cash runway into Q4’28 WATERTOWN, Mass.,
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TECX
News
- Tectonic Therapeutic (NASDAQ: TECX) had its price target lowered by analysts at Wells Fargo & Company from $112.00 to $101.00. They now have an "overweight" rating on the stock.MarketBeat
- Tectonic Therapeutic to Participate in March Investor ConferencesGlobeNewswire
- Tectonic Announces $185 Million Private Placement [Yahoo! Finance]Yahoo! Finance
- Tectonic Announces $185 Million Private PlacementGlobeNewswire
- Tectonic Therapeutic (NASDAQ: TECX) had its price target raised by analysts at Wells Fargo & Company from $79.00 to $112.00. They now have an "overweight" rating on the stock.MarketBeat
TECX
Earnings
- 3/20/25 - Beat
TECX
Sec Filings
- 4/3/25 - Form EFFECT
- 3/27/25 - Form POS
- 3/26/25 - Form S-1
- TECX's page on the SEC website