earnings
confidence high
sentiment neutral
materiality 0.55
Acurx reports Q4/FY2021 results; Phase 2b enrollment ongoing for ibezapolstat
Acurx Pharmaceuticals, Inc.
- R&D expense FY2021: $2.0M (vs $2.2M in 2020); Q4 2021: $0.7M (vs $0.5M).
- G&A expense FY2021: $10.8M (vs $2.4M) due to stock-based compensation and professional fees.
- Phase 2a trial for C. difficile infection achieved 100% clinical cure and sustained cure with ibezapolstat.
- Phase 2b enrollment expected to complete in H2 2022, comparing ibezapolstat to vancomycin.
- New microbiome study with University of Houston comparing ibezapolstat to other CDI antibiotics anticipated H2 2022.