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Shattuck Labs Inc (OQ:STTK)

Business Focus: Biotechnology & Medical Research

Sector:  Healthcare Industry:  Biotechnology & Medical Research
See Regulatory Filings on SEC
Company Contact
Address: 500 W. 5Th Street, Suite 100
Tel: 1-512-2201527
IR: See website
Key People
Taylor Schreiber
Chief Executive Officer, Co-Founder, Director
Andrew R. Neill
Chief Financial Officer
Stephen Stout
Deputy General Counsel, Vice President - Intellectual Property
Casi Deyoung
Chief Business Officer
Arundathy Nirmalini Pandite
Chief Medical Officer
Abhinav A. Shukla
Chief Technical Officer
Business Overview
Shattuck Labs, Inc. is a clinical-stage biotechnology company. The Company is engaged in the development of bi-functional fusion proteins as a new class of biologic medicine for the treatment of patients with cancer and autoimmune disease. Its lead product candidate, SL-172154, is designed to simultaneously inhibit the CD47/SIRPa macrophage checkpoint interaction and activate the CD40 costimulatory receptor to induce an antitumor immune response. SL-172154 is in an ongoing Phase I clinical trial for the treatment of patients with ovarian cancer. It is also evaluating SL-172154 in an ongoing Phase I clinical trial for the treatment of patients with certain hematologic malignancies, including acute myeloid leukemia (AML), and higher-risk myelodysplastic syndromes (HR-MDS). The Company is also advancing a Gamma Delta T Cell Engager, GADLEN platform, which is designed to bridge gamma delta T cells to tumor antigens for the treatment of patients with cancer.
Financial Overview
For the three months ended 31 March 2023, Shattuck Labs Inc revenues increased from $0K to $57K. Net loss decreased 16% to $20.7M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Research and development decrease of 14% to $15.9M (expense), Other income (expense) increase from $362K (expense) to $937K (income).