Welcome to our dedicated page for eFFECTOR Therapeutics news (Ticker: $EFTR), a resource for investors and traders seeking the latest updates and insights on eFFECTOR Therapeutics stock.
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eFFECTOR Therapeutics, Inc. (NASDAQ: EFTR) reported financial results for Q1 2024 and provided a corporate update. The company raised $15.0 million in gross proceeds extending cash runway. The focus is on the zotatifin program and advancing it efficiently. The ZFA triplet is showing promising results with 7.4 month mPFS in heavily pre-treated patients. The KICKSTART trial results were disappointing, leading to a shift in focus. The company's cash position is strong, with cash expected to last until Q1 2025.