CalciMedica Extends Cash Runway Into Fourth Quarter of 2026

Reuters01-29
CalciMedica Extends Cash Runway Into Fourth Quarter of 2026

CalciMedica Inc. has updated its financial guidance following the discontinuation of its Phase 2 KOURAGE clinical trial. The company now anticipates that its existing cash, cash equivalents, and short-term investments will be sufficient to fund its current operating plan into the fourth quarter of 2026. This marks an improvement from its previous expectation, which projected funding only into the second half of 2026, reflecting a reduction in planned operating expenses.

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