Jim Birchenough's questions to SNSS leadership • Q2 2017
Question
Jim Birchenough of Wells Fargo inquired about the SNS-062 program's dose-escalation plan, the dose needed for C481S mutation efficacy, and potential early data readouts. He also asked about the company's financial position, including its cash runway, a potential milestone payment for TAK-580, ATM facility usage, and other non-dilutive funding sources.
Answer
Chief Scientific Officer Judy Fox outlined the dose-escalation for SNS-062, anticipating sustained BTK inhibition around the 100-200mg cohorts. President and CEO Dan Swisher confirmed a clinical update is targeted for Q2 2018. On financials, Swisher stated the cash runway extends into Q2 2018, noted a potential multi-million-dollar milestone from Takeda for TAK-580, and mentioned other options like the PDK1 program and ATM facility to fund operations to key milestones.