earnings
confidence high
sentiment positive
materiality 0.75
EyePoint reports Q4/FY2023 results; positive Phase 2 data for EYP-1901 in wet AMD
EyePoint, Inc.
- Q4 net loss $14.1M ($0.33/sh) vs $43.5M ($1.16/sh) YoY; total net revenue $14.0M (+33%).
- Cash and investments $331M as of Dec 31, 2023, funding operations through Phase 3 topline data for wet AMD in 2026.
- Positive Phase 2 DAVIO 2 data: EYP-1901 met all primary/secondary endpoints; first Phase 3 trial expected 2H 2024.
- First patient dosed in Phase 2 VERONA trial for DME; topline data 1Q 2025; PAVIA NPDR data expected 2Q 2024.
- Appointed Ramiro Ribeiro, M.D., Ph.D. as Chief Medical Officer.