Advancement of Certepetide Development Portfolio
Lisata has advanced its development portfolio centered around certepetide for treating advanced solid tumors. Encouraging preliminary results from the ASCEND and iLSTA trials were presented at the 2025 ASCO GI Symposium.
Operating Expense Reduction
Operating expenses for 2024 totaled $23.4 million, a decrease of $2.3 million or 8.9% from 2023.
Cash Reserves and Funding
As of December 31, 2024, Lisata had cash, cash equivalents, and marketable securities of approximately $31.2 million, expected to support operations into Q2 2026.
Regulatory Achievements
Certepetide received several orphan drug designations, a fast track designation, and a rare pediatric disease designation in multiple jurisdictions.