earnings
confidence high
sentiment positive
materiality 0.75
Eyenovia reports Q3 2022 net loss of $7.3M; MicroLine VISION-2 Phase 3 trial meets primary endpoint
HYPERION DEFI, INC.
2022-Q3 EPS reported
-$0.67
- Net loss of $7.3M ($0.21 per share) vs $5.6M loss in Q3 2021; cash $25.3M (incl. $7.9M restricted) as of Sep 30, 2022.
- VISION-2 trial achieved primary endpoint: statistically significant ≥15-letter DCNVA improvement at 2 hours; FDA meeting planned.
- Michael Rowe appointed CEO (former COO) and to Board of Directors; manufacturing facility in Redwood City, CA now operational.
- Arctic Vision Phase 3 trial of MicroLine in China enrolling patients; expects completion in late 2023.
- Collaboration with Bausch+Lomb and Optejet out-licensing progress noted; company evaluating additional partnerships.