earnings
confidence high
sentiment positive
materiality 0.80
Protagonist Q2 net loss $34.8M; icotrokinra NDA filed, rusfertide NDA on track
Protagonist Therapeutics, Inc
2025-Q2 EPS reported
-$0.73
revenue$33,867,000
- Net loss $34.8M ($0.55/share) vs $30.6M in Q2 2024; license revenue $5.5M from Takeda.
- Cash $673M as of June 30, sufficient for runway through at least end 2028.
- NDA for icotrokinra (moderate-to-severe plaque psoriasis) submitted to FDA in July.
- Rusfertide NDA for polycythemia vera expected Q4 2025; Phase 3 VERIFY data presented at ASCO.
- Pipeline: PN-477 oral/subcutaneous triple agonist for obesity selected; PN-881 IL-17 antagonist.