Strategic Collaborations and Alliances
Lisata signed a research agreement with Catalent and formed a strategic alliance with GATC Health, exploring synergies and employing AI for new drug development candidates.
Encouraging Clinical Trial Results
Preliminary results from the ASCEND and iLSTA trials were encouraging, validating certepetide's promise with positive signals in survival and objective response rates.
Reduced Operating Expenses
Operating expenses decreased by 10.6% from $5.5 million in Q2 2024 to $4.9 million in Q2 2025, driven by reductions in R&D and general administrative costs.
Extended Cash Runway
Cash and equivalents of approximately $22 million are expected to support operations into Q4 2026, extending the previous runway estimate.
New Patent for Certepetide
A new composition of matter patent for certepetide was granted, extending protection until March 2040, securing exclusive rights.