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Astria Therapeutics Inc
NASDAQ:ATXS

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Astria Therapeutics Inc
NASDAQ:ATXS
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Price: 5 784.3 USD 45 880.13%
Market Cap: $330.2B

Astria Therapeutics Inc
Investor Relations

Astria Therapeutics, Inc. engages in the discovery, development, and commercialization of novel therapeutics. The company is headquartered in Boston, Massachusetts and currently employs 29 full-time employees. The company went IPO on 2015-06-25. The Company’s lead product candidate is STAR-0215, is a potential monoclonal antibody inhibitor of plasma kallikrein in preclinical development for the treatment of hereditary angioedema (HAE). HAE is a rare genetic disorder characterized by severe, recurrent, unpredictable, painful, and sometimes life-threatening swelling in the face, limbs, abdomen and airway. STAR-0215 is a monoclonal antibody inhibitor of plasma kallikrein, which is designed to provide long-acting attack prevention for HAE. The Company’s on-demand treatment of HAE therapy includes BERINERT, FIRAZYR, KALBITOR and RUCONEST. Its long-term preventative treatment of HAE therapy includes CINRYZE, HAEGARDA, TAKHZYRO and ORLADEYO.

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Last Earnings Call
Fiscal Period
Q3 2023
Call Date
Nov 13, 2023
AI Summary
Q3 2023

Phase I Data: Astria reported positive Phase Ia data for STAR-0215, supporting its potential as a first choice preventative treatment for hereditary angioedema (HAE).

Dosing Options: Both 3- and 6-month dosing regimens for STAR-0215 showed robust attack suppression and low treatment burden, with high interest from patients and physicians.

Pipeline Expansion: The company announced the addition of STAR-0310, targeting atopic dermatitis, with key preclinical and IND milestones planned for 2024.

Accelerated Timelines: Faster-than-expected enrollment in the ALPHA STAR trial allows for initial proof-of-concept data in HAE patients to be shared in Q1 2024.

Financial Position: Astria ended Q3 2023 with $188.8 million in cash and closed a $64 million offering in October, expecting to fund operations into 2026.

Upcoming Milestones: Key readouts and filings are expected for both STAR-0215 and STAR-0310 through 2024 and 2025.

Key Financials
Cash, Cash Equivalents and Short-term Investments
$188.8 million
Outstanding Common Shares
36.3 million
Prefunded Warrants
1.6 million
As Converted Preferred Shares
5.2 million
Total Outstanding Common Equivalent Shares
43.1 million
Earnings Call Recording
Other Earnings Calls
2023

Management

Ms. Jill C. Milne Ph.D.
Co-Founder, CEO, President & Director
No Bio Available
Mr. Noah C. Clauser CPA
CFO & Treasurer
No Bio Available
Dr. Christopher J. Morabito M.D.
Chief Medical Officer
No Bio Available
Mr. Benjamin S. Harshbarger J.D.
Chief Legal Officer
No Bio Available
Ms. Keri McGrail
Senior Vice President of Human Resources
No Bio Available
Ms. Andrea L. Matthews
Chief Business Officer
No Bio Available
Mr. Andrew A. Komjathy
Chief Commercial Officer
No Bio Available
Mr. John Ruesch
Senior Vice President of Pharmaceutical Sciences & Technical Operations
No Bio Available

Contacts

Address
MASSACHUSETTS
Boston
100 High Street, 28Th Floor
Contacts
+16173491971.0
astriatx.com
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