Reports Q1 revenue $9.9M, consensus $4.0M. Cash, cash equivalents and marketable securities as of March 31, 2025, were $257.9 million. We expect the combination of current cash, cash equivalents and marketable securities will be sufficient to fund our operating and capital expenditures into the first half of 2027. Gossamer Bio (GOSS) and the Chiesi Group are jointly developing seralutinib under a global collaboration agreement. “I am incredibly proud to announce that, following the recent closing of new patient screening, we are just weeks away from fully enrolling the PROSERA Phase 3 Study in PAH,” said Faheem Hasnain, Chairman, Co-Founder, and CEO of Gossamer Bio. “This achievement is the result of our team’s unwavering dedication, tireless effort, and steadfast commitment to our mission. We expect to publicly announce topline data from this pivotal study in February of 2026. Enrolling the appropriate patients for this study was of paramount importance, and the baseline characteristics of those who have been randomized to date demonstrate that our diligence and focus on study quality has paid off. This reinforces our optimism for meaningful results and brings us one step closer to the potential of having a new, first-in-class therapy for patients with PAH.” Chief Medical Officer Dr. Richard Aranda added, “We are also delighted to unveil the clinical trial design for the Phase 3 SERANATA Study in PH-ILD, a landmark moment in our pursuit to address unmet patient need. A product of close collaboration and alignment with global regulatory authorities, including the FDA and EMA, this study represents a groundbreaking effort to offer new hope to patients with PH-ILD.”
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