earnings
confidence high
sentiment neutral
materiality 0.70
Amylyx reports $22.2M full-year product revenue; net loss $198.4M
Amylyx Pharmaceuticals, Inc.
- Q4 net product revenue $21.9M; full-year 2022 net product revenue $22.2M from RELYVRIO/ALBRIOZA sales.
- Net loss for 2022 was $198.4M ($3.39 per share) vs. $87.9M in 2021; cash & short-term investments $346.9M.
- Phase 3 PHOENIX trial fully enrolled (664 participants); topline data expected mid-2024.
- EU MAA regulatory review ongoing; company now expects CHMP opinion mid-2023 and decision Q3 2023 at earliest.
- Karen Firestone appointed to Board of Directors effective March 16; raised $230.6M net in October 2022 public offering.