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Bayer and Burning Rock collaborate to increase patient access to precision cancer medicines
globenewswire.com· 2024-05-30 07:42
GUANGZHOU, China, May 30, 2024 (GLOBE NEWSWIRE) -- Burning Rock Biotech Limited (NASDAQ: BNR and LSE: BNR, the “Company” or “Burning Rock”) has recently announced a collaboration with Bayer to develop next-generation sequencing (NGS)-based companion diagnostic assays (CDx), aiming to provide diagnostic methods, to enable treatment choice for patients with cancer in China, while driving innovation and development in cancer therapy. This collaboration will focus on the development of companion diagnostic prod ...
Burning Rock Dx(BNR) - 2024 Q1 - Earnings Call Transcript
2024-05-29 12:32
Burning Rock Biotech Limited (NASDAQ:BNR) Q1 2023 Earnings Conference Call May 29, 2024 8:00 AM ET Company Participants Yusheng Han - Founder and Chief Executive Officer Leo Li - Chief Financial Officer Conference Call Participants Operator Good day and thank you for standing by. Welcome to the Burning Rock’s 2024 First Quarter Earnings Conference Call. At this time all participants are in listen-only mode. Please be advised that this conference is being recorded. Before we begin, I'd like to remind you tha ...
Burning Rock Dx(BNR) - 2024 Q1 - Earnings Call Presentation
2024-05-29 11:08
Financial Performance & Efficiency - Burning Rock's Q1 2024 revenues reached RMB 125.6 million, a 4% increase QoQ, but a 12% decrease YoY[33] - Non-GAAP gross profit for Q1 2024 was RMB 93.0 million, a 7% increase QoQ, but a 14% decrease YoY[33] - The company is driving sales efficiency, expecting selling expenses to be below 40% going forward[20] - Non-GAAP general and administrative expenses decreased from RMB 51 million in Q1 2023 to RMB 38 million in Q1 2024, a 26% decrease[30,31] - The company's commercial operation (excluding R&D expenses) reached profitability in Q1 2024[32] MRD & Early Detection Technology - Burning Rock's MRD assay, brPROPHET™, demonstrated a median lead time of 299 days to radiological recurrence in NSCLC[43] - In a study, brPROPHET™ detected preoperative ctDNA in 97% (113/117) of colorectal cancer patients[136,141] - For early cancer detection, the THUNDER study (N=2,385) completed with 98.9% specificity and 69.1% sensitivity, top-2 predicted origin accuracy of 91.7% (independent validation cohort)[67,79] - The PROMISE study demonstrated 83.7% sensitivity and 98.3% specificity for 9 cancers[103] Therapy Selection - Burning Rock's liquid biopsy product, Lung Plasma v4 (BRP2), demonstrated globally competitive performance in an analytical validation study[150,160]
Burning Rock Reports First Quarter 2024 Financial Results
Newsfilter· 2024-05-29 05:34
GUANGZHOU, China, May 29, 2024 (GLOBE NEWSWIRE) -- Burning Rock Biotech Limited (NASDAQ:BNR, the "Company" or "Burning Rock"))), a company focused on the application of next generation sequencing (NGS) technology in the field of precision oncology, today reported financial results for the three months ended March 31, 2024. Recent Business Updates Early Detection THUNDER study for 6-cancer test was included in the Diagnosis and Treatment Guidelines for Primary Liver Cancer (2024 Edition) and the Expert Con ...
Burning Rock Reports First Quarter 2024 Financial Results
globenewswire.com· 2024-05-29 05:34
GUANGZHOU, China, May 29, 2024 (GLOBE NEWSWIRE) -- Burning Rock Biotech Limited (NASDAQ: BNR and LSE: BNR, the “Company” or “Burning Rock”), a company focused on the application of next generation sequencing (NGS) technology in the field of precision oncology, today reported financial results for the three months ended March 31, 2024. Recent Business Updates Early Detection THUNDER study for 6-cancer test was included in the Diagnosis and Treatment Guidelines for Primary Liver Cancer (2024 Edition) and th ...
Burning Rock Schedules First Quarter of 2024 Earnings Release on May 29, 2024
Newsfilter· 2024-05-23 06:00
GUANGZHOU, China, May 23, 2024 (GLOBE NEWSWIRE) -- Burning Rock Biotech Limited (NASDAQ:BNR, the "Company" or "Burning Rock"))), a company focused on the application of next generation sequencing (NGS) technology in the field of precision oncology, today announced that it plans to release its unaudited financial results for the first quarter of 2024 before the U.S. market opens on May 29, 2024. Following the release, company management will host a conference call at 8:00 a.m. ET (8:00 p.m. Hong Kong time) o ...
Burning Rock Schedules First Quarter of 2024 Earnings Release on May 29, 2024
globenewswire.com· 2024-05-23 06:00
GUANGZHOU, China, May 23, 2024 (GLOBE NEWSWIRE) -- Burning Rock Biotech Limited (NASDAQ: BNR and LSE: BNR, the “Company” or “Burning Rock”), a company focused on the application of next generation sequencing (NGS) technology in the field of precision oncology, today announced that it plans to release its unaudited financial results for the first quarter of 2024 before the U.S. market opens on May 29, 2024. Following the release, company management will host a conference call at 8:00 a.m. ET (8:00 p.m. Hong ...
Burning Rock Announces ADS Ratio Change to Be Effective on May 15, 2024
Newsfilter· 2024-05-14 06:02
GUANGZHOU, China, May 14, 2024 (GLOBE NEWSWIRE) -- Burning Rock Biotech Limited (NASDAQ:BNR, the "Company" or "Burning Rock"))), a company focused on the application of next generation sequencing (NGS) technology in the field of precision oncology, today announced that, as previously announced on April 26, 2024, the ratio change of its American depositary shares (the "ADSs") to Class A ordinary shares from one (1) ADS representing one (1) Class A ordinary share to one (1) ADS representing ten (10) Class A o ...
Burning Rock Dx(BNR) - 2023 Q4 - Annual Report
2024-04-29 10:17
Table of Contents Title of each classTrading SymbolName of each exchange on which registered American depositary shares, each representing one Class A ordinary share BNR The Nasdaq Stock Market LLC (The Nasdaq Global Market) Class A ordinary share, par value US$0.0002 per share* The Nasdaq Stock Market LLC (The Nasdaq Global Market) UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES ACT OF 1 ...
Burning Rock Publishes 2023 Annual Report on Form 20-F
Newsfilter· 2024-04-29 07:30
GUANGZHOU, China, April 29, 2024 (GLOBE NEWSWIRE) -- Burning Rock Biotech Limited (NASDAQ:BNR, the "Company" or "Burning Rock"))), a company focused on the application of next generation sequencing technology in the field of precision oncology, announces that on April 29, 2024 it filed its Annual Report on Form 20-F for the year ended December 31, 2023 (the "Form 20-F") with the U.S. Securities and Exchange Commission ("SEC"). The Form 20-F is available for viewing on the SEC website at www.sec.gov and also ...