Name | Value |
---|---|
Revenues | 0.0M |
Cost of Revenue | 0.2M |
Gross Profit | -0.2M |
Operating Expense | 10.7M |
Operating I/L | -10.7M |
Other Income/Expense | 3.2M |
Interest Income | 3.2M |
Pretax | -7.6M |
Income Tax Expense | -3.2M |
Net Income/Loss | -7.6M |
Third Harmonic Bio, Inc. is a clinical-stage biopharmaceutical company specializing in the development of medicine for allergic and inflammatory diseases. Their flagship product, THB001, is an oral small-molecule KIT inhibitor designed to treat chronic urticaria, a dermatologic condition characterized by mast cell activation. This innovative treatment targets red, itchy, painful welts, or hives, and also shows promise for airway and gastrointestinal tract indications.