Name | Value |
---|---|
Revenues | 0.6M |
Cost of Revenue | 0.0M |
Gross Profit | 0.6M |
Operating Expense | 10.5M |
Operating I/L | -9.9M |
Other Income/Expense | -3.3M |
Interest Income | -0.3M |
Pretax | -13.3M |
Income Tax Expense | -0.1M |
Net Income/Loss | -13.2M |
Peak Bio, Inc. is a clinical-stage biopharmaceutical company specializing in developing therapeutics for oncology and inflammation. The company's proprietary toxin, PH-1 or Thailanstatin, is utilized to create a pipeline of novel ADC product candidates to address unmet needs in cancer patients. Their lead product candidate, PHP-303, is a small molecule undergoing Phase II dose clinical study for the orphan disease Alpha1 anti-trypsin deficiency (AATD). Peak Bio, Inc. generates revenue by developing and potentially commercializing these therapeutics to address critical unmet needs in the healthcare market.