earnings
confidence high
sentiment neutral
materiality 0.85
BridgeBio Q3 net loss $177M; acoramidis NDA filing by year-end
BridgeBio Pharma, Inc.
2023-Q3 EPS reported
-$2.99
revenue$7,558,000
- Net loss attributable to common stockholders $177M ($1.08 per share) vs $137M ($0.93) YoY.
- Revenue $4.1M, up from $0.3M YoY; operating costs $161.8M vs $129.5M.
- Cash, equivalents, marketable securities $505.2M; raised $316M gross via ATM and PIPE.
- NDA for acoramidis (ATTR-CM) to be filed with FDA by end of 2023; Phase 3 win ratio 1.8 (p<0.0001).
- Regulatory alignment with FDA/EMA for infigratinib in achondroplasia; Phase 3 trial start expected in 2023.