earnings
confidence high
sentiment positive
materiality 0.70
CalciMedica Q3 net loss $4.6M; Auxora reduces hospital days 53% in AIPT trial
CalciMedica, Inc.
2023-Q3 EPS reported
-$7.43
- Net loss of $4.6M ($0.82/share) for Q3; cash $14.6M expected to fund through Q3 2024.
- Auxora Phase 1/2 CRSPA in AIPT: 53% reduction in hospital days, 40% ICU days, eliminated TPN vs 27 days historical control. Data at ASH Dec 2023.
- Phase 2b CARPO in acute pancreatitis with SIRS enrolling internationally; topline data H1 2024.
- Preparing IND for Auxora in acute kidney injury; Phase 2 could start H1 2024 subject to funding.
- Operating expenses $4.8M Q3; nine-month net loss $30.2M includes one-time merger charges.