| Annual · values | 2024 | 2023 |
|---|---|---|
| Operating Cash Flow | -118.44 M USD | -78.63 M USD |
| Depreciation & Amortization | — | — |
| Stock-Based Compensation | — | — |
| Capital Expenditures | — | — |
| Cash Flow from Investing | — | — |
| Cash Flow from Financing | — | — |
| Dividends Paid | — | — |
| Stock Buybacks | — | — |
| Free Cash Flow | -126.16 M USD | -93.81 M USD |
First Tracks Biotherapeutics is a clinical-stage biotechnology company developing antibody therapeutics that modulate immune pathways to treat autoimmune and inflammatory diseases. The company's pipeline includes three initial assets: ANB033, a CD122 antagonist in Phase 1b trials for celiac disease and eosinophilic esophagitis; rosnilimab, a pathogenic T cell depleter that completed Phase 2b testing for rheumatoid arthritis; and ANB101, a BDCA2 modulator in Phase 1a development. Headquartered in San Diego, California, First Tracks Biotherapeutics is a recently established independent company focused on advancing innovative antibody-based therapies to address significant unmet needs in autoimmune and inflammatory disease treatment. The company operates as a pure-play biopharmaceutical developer, concentrating exclusively on its targeted therapeutic programs.