Business StrategyThe newly streamlined business will focus on discovery and shift strategy away from advancing wholly owned assets into the clinic.
Platform ValidationRecent Ph1 SGR-1505 data in hematologic malignancies and upcoming initial Ph1 SGR-3515 data in solid tumors, if positive, could further validate SDGR's platform and provide proof-of-concept for potential collaborations.
Revenue GrowthTotal Q3 revenues of $54M beat consensus $50M due to growth across both revenue segments.