Brief: Century Therapeutics Reports Second Quarter 2022 Financial Results

Century Therapeutics

11/08/2022 14:58

Aug 11 (Reuters) - Century Therapeutics Inc  IPSC.O :
    * CENTURY THERAPEUTICS REPORTS SECOND QUARTER 2022 FINANCIAL
RESULTS AND PROVIDES BUSINESS UPDATES
    * CENTURY THERAPEUTICS INC - ENDED Q2 2022 WITH CASH, CASH
EQUIVALENTS, AND INVESTMENTS OF $429.4; EXPECTED CASH RUNWAY
INTO 2025
    * CENTURY THERAPEUTICS INC - EXPECTS FULL YEAR GAAP
OPERATING
EXPENSES TO BE BETWEEN $155 MILLION AND $165 MILLION
    * CENTURY THERAPEUTICS INC - NET LOSS WAS $31.0 MILLION FOR
THREE
MONTHS ENDED JUNE 30, 2022, COMPARED TO $23.3 MILLION FOR SAME
PERIOD IN 2021

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