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Zentalis Pharmaceuticals, Inc. (Nasdaq: ZNTL) reported its financial results for Q1 2024, showcasing progress in azenosertib clinical development plans and a strong cash position. The company highlighted upcoming milestones, corporate updates, and the projected cash runway into mid-2026. Azenosertib shows promise in various tumor types, with multiple data readouts expected in late 2024 and 2025, including results in gynecological cancers.
Zentalis Pharmaceuticals, Inc. announced inducement grants under Nasdaq Listing Rule 5635(c)(4), granting non-qualified stock options to three new employees. The options have an exercise price of $11.31 per share, a 10-year term, and will vest over four years.