Welcome to our dedicated page for vTv Therapeutics news (Ticker: $VTVT), a resource for investors and traders seeking the latest updates and insights on vTv Therapeutics stock.
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vTv Therapeutics Inc. reported its 2024 first-quarter financial results, showcasing significant milestones and corporate updates. The company's cash position grew to $52.3 million, thanks to a successful private placement, funding future Phase 3 studies for cadisegliatin. The submission of the Phase 3 trial protocol to the FDA marks a pivotal step towards developing adjunctive therapy for type 1 diabetes. Financially, R&D expenses decreased, while G&A expenses increased slightly. The company reported a net loss of $4.9 million for the quarter.
