iBio, Inc.
Climate Impact & Sustainability Data (2022, 2024)
Reporting Period: 2022
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Substantial doubt exists related to our ability to operate as a going concern.
- We have incurred and expect to continue to incur significant losses.
- We anticipate that our expenses will increase in the future.
- We need additional funding to fully execute our business plan.
- The actual amount of funds we will need to operate is subject to many risk factors.
- Raising additional capital may cause dilution to our existing stockholders and/or restrict our operations or rights.
- We currently have no products approved for commercial sale.
- We have a limited experience operating as a CDMO or biopharmaceutical.
- Potential use of government funding for R&D programs may impose conditions limiting our ability to take certain actions.
Mitigation Strategies
- We are evaluating a number of potential options to expand our cash runway, including lowering our burn rate, asset sales or licenses, raising capital, and grant revenue or collaborations.
- We are reviewing our pipeline and making portfolio decisions to focus resources on promising areas.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2024
Environmental Metrics
ESG Focus Areas
- Corporate Social Responsibility
- Environmental Sustainability