Brief: Avrobio Reports Second Quarter 2022 Financial Results

Tectonic Therapeutic

09/08/2022 12:56

Aug 9 (Reuters) - AVROBIO Inc  AVRO.O :
    * AVROBIO REPORTS SECOND QUARTER 2022 FINANCIAL RESULTS AND
PROVIDES BUSINESS UPDATE
    * AVROBIO INC - CASH RUNWAY INTO Q1 2024
    * AVROBIO INC - REPORTED A NET LOSS OF $28.1 MILLION FOR Q2
OF
2022 AS COMPARED TO A NET LOSS OF $31.4 MILLION FOR COMPARABLE
PERIOD IN 2021
    * AVROBIO INC - AS OF JUNE 30, 2022, AVROBIO HAD $132.4
MILLION IN
CASH AND CASH EQUIVALENTS
    * AVROBIO - EXPECTS CASH AND CASH EQUIVALENTS AS OF JUNE 30,
2022,
WILL ENABLE AVROBIO TO FUND OPERATING EXPENSES INTO Q1 OF 2024

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