other material
confidence high
sentiment neutral
materiality 0.70
ARS Pharma reports Q2 net loss $17.4M; neffy PDUFA date Sept 19, 2023
ARS Pharmaceuticals, Inc.
- Cash, equivalents and short-term investments $252.2M as of June 30, 2023, funding at least three years.
- R&D expense $7.3M, G&A $13.3M, net loss $17.4M for Q2 2023.
- PDUFA target action date for neffy NDA (intranasal epinephrine) set for September 19, 2023.
- FDA Advisory Committee voted 16:6 adults, 17:5 children for favorable benefit-risk profile.
- Commercial preparations underway; hiring 115 field reps; European MAA decision expected by year end 2023.