earnings
confidence high
sentiment neutral
materiality 0.75
Outlook Therapeutics reports FY2022 net loss $66.1M; raises ~$55M; PDUFA date Aug 29, 2023
Outlook Therapeutics, Inc.
- Net loss $66.1M ($0.31/sh) for FY2022 vs $53.2M ($0.35/sh) in FY2021.
- Cash and equivalents $17.4M at Sept 30, 2022; subsequent financings raised ~$55M gross.
- FDA accepted BLA for ONS-5010; PDUFA goal date set for August 29, 2023.
- Entered strategic commercialization agreement with AmerisourceBergen for 3PL and services.
- Appointed Julia Haller, MD to the Board of Directors.