Gautam Chukka's questions to Spero Therapeutics Inc (SPRO) leadership • Q2 2025
Question
Gautam Chukka of Evercore ISI asked about Spero's future capital allocation strategy, specifically whether the company would prioritize business development or internal pipeline investment.
Answer
CEO & CFO Esther Rajavelu stated that Spero's primary objective and capital focus is ensuring tebipenem HBr successfully navigates the regulatory process to approval, which is the key value driver. She confirmed the current cash runway supports this goal and that further capital allocation decisions would be made after gaining line of sight into the drug's approval.