earnings
confidence high
sentiment neutral
materiality 0.65
Annexon reports Q4 2024 net loss $48.6M; cash $312M; key pipeline milestones for GBS and dry AMD
Annexon, Inc.
- Cash $312.0M as of Dec 31, 2024; runway into 2H 2026.
- Net loss $48.6M Q4 2024 vs $27.9M Q4 2023; R&D expense $43.4M.
- Pre-BLA meeting for GBS drug ANX005 targeted 1H 2025; BLA submission planned.
- Global registration path for ANX007 in dry AMD with GA; Phase 3 ARCHER II data expected 2H 2026.
- ANX1502 oral C1s inhibitor POC trial ongoing; dataset in up to 7 CAD patients expected mid-2025.