earnings
confidence high
sentiment neutral
materiality 0.70
Outlook Therapeutics reports FY2024 net loss of $75.4M; LYTENAVA launch plans for H1 2025
Outlook Therapeutics, Inc.
- Net loss of $75.4M ($4.06 per share) vs $59.0M ($4.72 per share) in prior fiscal year.
- Cash and cash equivalents of $14.9M as of September 30, 2024.
- LYTENAVA (bevacizumab gamma) approved in EU and UK for wet AMD; NICE recommends in UK.
- NORSE EIGHT month 3 efficacy data expected January 2025; BLA resubmission targeted Q1 2025.
- First commercial launches in UK and Germany planned H1 2025; potential US FDA approval H2 2025.