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ALT

Altimmune to Report Second Quarter 2023 Financial Results and Provide Business Update on August 10, 2023

Thursday, August 3, 2023 BiopharmaWatch Research 1 min read
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Key Takeaway: Altimmune to Report Second Quarter 2023 Financial Results and Provide Business Update on August 10, 2023
Price reaction · baseline $3.05 (2023-08-02 close) · hit after-hours · clean, no other ALT news in the window
day 0 close · peak
+2%

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+22%
120-day peak, hindsight
Typical move
10.2%
average across 8 past catalysts
Cash runway
~64 mo
Minimal dilution risk
Lead asset
ALT-801
Phase 2 · Obesity/Overweight

Full Press Release Details

Altimmune to Report Second Quarter 2023 Financial Results and Provide Business Update on August 10, 2023.
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Tags: ALT Viatris Investor Conferences Healthcare investor conferences healthcare conferences UBS Global Healthcare
Last updated: Aug 3, 2023

Biotech snapshot

Cash runway
$519M liquidity · $8M/mo burn
~64 mo
Minimal dilution risk
Lead asset
ALT-801Phase 2
Obesity/Overweight →

Catalyst track record

+22%
best trade around ALT's most recent catalyst

Peak hindsight return over a 120-day window, across 8 tracked FDA/PDUFA catalysts for ALT.

See every catalyst's timing & PoA →