Welcome to our dedicated page for Surrozen Common news (Ticker: $SRZN), a resource for investors and traders seeking the latest updates and insights on Surrozen Common stock.
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Surrozen presented data at the ARVO Annual Meeting showcasing the potential of their antibody-based Wnt mimetic technologies in treating cornea endothelial dystrophies and Dry Eye Disease. The preclinical studies demonstrated significant improvements in corneal edema, endothelial cell proliferation, and tear volume production utilizing Surrozen's SWAP technologies. These findings offer hope for patients suffering from these severe eye diseases.
Surrozen, Inc. provided its first quarter 2024 financial results and business updates, focusing on advancing the SZN-043 Phase 1b trial for severe alcohol-associated hepatitis. The company presented promising preclinical data for eye and lung diseases, and highlighted a partnership with Boehringer Ingelheim for retinal disease treatment. Financially, while cash and cash equivalents decreased, a recent financing round boosted proforma cash. Research and development expenses decreased, along with general and administrative expenses, showcasing a strategic focus on clinical programs.