earnings
confidence high
sentiment negative
materiality 0.70
ARS Pharmaceuticals Q3 net loss $14.9M; neffy NDA resubmission anticipated H1 2024
ARS Pharmaceuticals, Inc.
2023-Q3 EPS reported
-$0.50
revenue$30,000
- Cash, equivalents and short-term investments $241.9M as of Sep 30, 2023; operating runway ≥3 years.
- Net loss $14.9M for Q3 2023; R&D $3.0M, G&A $15.0M.
- FDA issued Complete Response Letter in Sep 2023 for neffy; repeat-dose study topline expected Q1 2024.
- NDA resubmission planned H1 2024; potential U.S. launch in H2 2024 if approved.
- European MAA decision expected Q2 2024; positive clinical results published in JACI.