Poseida Therapeutics Reports Operational Update and Financial Results for Second Quarter and First Half of 2020

SAN DIEGO, Aug. 20, 2020 /PRNewswire/ — Poseida Therapeutics, Inc. (Nasdaq: PSTX), a clinical-stage biopharmaceutical company utilizing proprietary gene engineering platform technologies to create cell and gene therapeutics with the capacity to cure, today announced an operational update and financial results for the quarter ended June 30, 2020.

“The first half of 2020 marked an important milestone in the growth of Poseida as we raised capital through a Series D preferred stock financing and prepared for our initial public offering,” said Eric Ostertag, M.D., Ph.D., Chief Executive Officer of Poseida. “During our transition to a publicly traded company, we have maintained focus on research innovation and advancement of our clinical programs.”