earnings
confidence high
sentiment neutral
materiality 0.70
Vera Therapeutics Q1 net loss $51.7M; on track for Phase 3 atacicept results in 2Q 2025
Vera Therapeutics, Inc.
2025-Q1 EPS reported
-$0.81
- Net loss of $51.7M ($0.81/share) vs $28.4M ($0.56/share) same quarter last year.
- Cash, equivalents and marketable securities of $589.8M as of March 31, 2025.
- Primary endpoint results from atacicept pivotal Phase 3 ORIGIN trial in IgAN expected in 2Q 2025.
- BLA submission for atacicept accelerated approval planned for 4Q 2025; potential launch in 2026.
- Expanded atacicept program into primary membranous nephropathy, FSGS, and minimal change disease.