Tuesday, April 28, 2026
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Equity Risk

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Cardiff Oncology burns $12M quarterly with only 5 quarters of cash remaining

Cardiff Oncology burns $12M quarterly with only 5 quarters of cash remaining

Cardiff Oncology holds $60.6M in cash against a $12M quarterly burn rate, leaving approximately five quarters of runway through Q1 2027. Annual operating losses of $41.1M and the catastrophic cash depletion timeline create immediate financing pressure for the clinical-stage oncology company.

ViaNews Editorial Team (Markets)