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Subsequent Events
3 Months Ended
Mar. 31, 2024
Subsequent Events  
Subsequent Events

13. Subsequent Events

On April 15, 2024, we announced that the independent Data Monitoring Committee (DMC) completed its review of the interim analysis of the RAISE trial. The trial did not meet the pre-defined interim analysis stopping criteria on the co-primary endpoints, and the DMC recommendation was that the RAISE trial may continue without

modification. We have decided to complete enrollment in the RAISE trial at 100 patients with top-line results expected in the summer of 2024.

Cost reduction activities are being implemented with expected impact beginning in the second quarter of 2024. On April 30, 2024, we implemented a reduction-in-force (RIF) which impacted approximately 20% of our workforce.