BRIEF-Ziopharm Oncology Reports Q4 And Full Year 2020 Financial Results

Reuters
26 Feb 2021

Feb 25 (Reuters) - ZIOPHARM Oncology Inc :

* ZIOPHARM ONCOLOGY PROVIDES LEADERSHIP AND CORPORATE UPDATES; REPORTS FOURTH QUARTER AND FULL YEAR 2020 FINANCIAL RESULTS

* Q4 LOSS PER SHARE $0.11

* Q4 EARNINGS PER SHARE ESTIMATE $-0.10 -- REFINITIV IBES DATA

* HEIDI HAGEN APPOINTED INTERIM CHIEF EXECUTIVE OFFICER REPLACING DR. LAURENCE COOPER; SEARCH FOR PERMANENT CEO INITIATED

* NET LOSS FOR Q4 OF 2020, WAS $22.8 MILLION, OR $0.11 PER SHARE

* CASH AND CASH EQUIVALENTS, AS OF DECEMBER 31, 2020 WERE $115.1 MILLION

* CASH POSITION IS SUFFICIENT TO FUND COMPANY OPERATIONS INTO Q2 OF 2022

* RECEIVED IND CLEARANCE BY U.S. FDA FOR CO'S TCR-T TRIAL UTILIZING SIX "HOTSPOT" TCRS FROM ITS LIBRARY

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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