Clinical ProgressThe BEACON-IPF trial is on track to complete enrollment, demonstrating progress in the development of bexotegrast for treating idiopathic pulmonary fibrosis.
Financial StabilityThe company's cash balance and access to non-dilutive capital are expected to be sufficient into 1Q27.
Regulatory AdvancementThe modification of the BEACON-IPF trial into a pivotal, adaptive Phase 2b/3 trial has been accepted by global health agencies, enhancing the trial's potential for registration.