earnings
confidence high
sentiment positive
materiality 0.85
ARS Pharma Q2 net loss $12.5M; neffy PDUFA Oct 2; cash $218.7M
ARS Pharmaceuticals, Inc.
2024-Q2 EPS reported
-$0.24
revenue$500,000
- Cash, equivalents and short-term investments $218.7M as of June 30, 2024, providing at least three years of operating runway.
- Net loss $12.5M vs $17.4M in Q2 2023; R&D $6.9M, G&A $8.9M.
- neffy NDA under FDA review; draft physician labeling received; PDUFA target action date October 2, 2024.
- EURneffy received CHMP positive opinion; formal EU marketing authorization expected Q3 2024.
- Phase 2b outpatient study of neffy for urticaria on track to start dosing in Q4 2024.