earnings
confidence high
sentiment neutral
materiality 0.80
Outlook Therapeutics reports Q2 net loss $6.7M; PDUFA date Aug 29 for ONS-5010
Outlook Therapeutics, Inc.
2023-Q2 EPS reported
-$0.10
- Net loss $6.7M ($0.03/sh) vs $19.7M ($0.09) in prior-year Q2.
- Cash $43.7M as of March 31, 2023; expects to fund ops through potential approval in Q3/Q4 2023.
- PDUFA goal date Aug 29, 2023 for ONS-5010 (bevacizumab) for wet AMD.
- Pre-launch commercial activities ongoing; partnership with AmerisourceBergen for distribution.
- MAA for ONS-5010 under EU review; CHMP decision expected early 2024.