earnings
confidence high
sentiment neutral
materiality 0.60
Ocuphire Q3 net loss $4.5M; Nyxol NDA on track for Q4 2022
Opus Genetics, Inc.
2022-Q3 EPS reported
-$0.82
- Cash and equivalents of $13.9M as of Sept 30, 2022; runway into Q4 2023.
- Net loss of $4.5M for Q3 2022 ($0.22 per share); R&D expenses $2.8M.
- NDA submission for Nyxol (reversal of mydriasis) planned in Q4 2022.
- Topline data from ZETA-1 Phase 2b trial of APX3330 expected early 2023.
- U.S. patent for Nyxol extended into 2039; new KOLs appointed to advisory board.