earnings
confidence high
sentiment neutral
materiality 0.65
Eyenovia reports Q3 net loss $5.6M; Chairman Eshelman to step down
HYPERION DEFI, INC.
2021-Q3 EPS reported
-$0.61
revenue$4,000,000
- Net loss of $5.6M ($0.21 per share) vs $5.1M ($0.23) in Q3 2020; R&D $3.5M, G&A $2.4M.
- Cash $21.4M at Sept 30; expects to fund MydCombi resubmission, MicroLine Phase 3, and manufacturing.
- First patient enrolled in VISION-2 Phase 3 presbyopia trial; topline data expected mid-2022.
- FDA issued Complete Response Letter reclassifying MydCombi as drug-device combo; expedited resubmission planned early 2022.
- Chairman Fred Eshelman to resign by end of 2021; not due to disagreement; Board search to follow.