earnings
confidence high
sentiment neutral
materiality 0.65
Viracta Q1 net loss $9.1M; positive NAVAL-1 trial ORR 50% in EBV+ PTCL
Viracta Therapeutics, Inc.
2024-Q1 EPS reported
-$0.23
- Net loss $9.1M ($0.23/shr) vs $12.2M in Q1 2023; cash $39.6M sufficient into late Q1 2025.
- NAVAL-1 trial: Nana-val ORR 50%, complete response rate 20% in R/R EBV+ PTCL (n=10); median DoR maturing.
- Plan to meet FDA mid-2024 for accelerated approval; Stage 1+2 data expected Q3 2024.
- PMDA endorsed direct Japan enrollment into NAVAL-1 without prior Phase 1 safety study.
- Phase 1b/2 solid tumor study: RP2D expected H2 2024; dose-optimization cohort by year-end.