earnings
confidence high
sentiment neutral
materiality 0.55
MBX Biosciences Q1 net loss $23.9M; cash $240.8M; Phase 2 canvuparatide data due 3Q25
MBX Biosciences, Inc.
2025-Q1 EPS reported
-$0.71
- Net loss $23.9M (vs $12.3M YoY); R&D $22.4M (up 103% YoY) on MBX 4291 and canvuparatide trials.
- Cash, cash equivalents & marketable securities $240.8M; expected to fund operations into mid-2027.
- Phase 2 Avail topline results for canvuparatide in hypoparathyroidism expected in 3Q 2025.
- IND submission for MBX 4291 (GLP-1/GIP co-agonist for obesity) on track for Q2 2025.
- Phase 2 trial for MBX 1416 in post-bariatric hypoglycemia expected to start H2 2025.