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Protara Therapeutics reports Q1 2026 results, plans BLA submission for TARA-002 in LMs by late 2027

Company Fundamentals
13 May 2026
GlobeNewsWire
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Bullish
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Protara Therapeutics announced its Q1 2026 financial results and business updates, highlighting plans to submit a Biologics License Application (BLA) for its cell therapy TARA-002 in lymphatic malformations (LMs) in the second half of 2027. The company reported $177 million in cash and equivalents, supporting operations into 2028, and continues clinical trials for TARA-002 in both LMs and non-muscle invasive bladder cancer (NMIBC). Upcoming milestones include presenting updated trial data at major medical conferences and initiating new trials in the second half of 2026. The company also advances its IV Choline Chloride program for patients on parenteral support, expecting interim results later this year.

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Ipsen repurchases 28,541 shares in early July at an average price of €166.05 per share.

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