earnings
confidence high
sentiment negative
materiality 0.60
Rocket Pharma H1 2024 net loss $131.7M; KRESLADI review ongoing, cash into 2026
ROCKET PHARMACEUTICALS, INC.
2024-Q2 EPS reported
-$1.40
- Net loss of $131.7M ($1.40/sh) for H1 2024 vs $124.0M ($1.55/sh) for H1 2023.
- Cash, equivalents & investments $278.8M; runway expected into 2026.
- FDA requested additional CMC info for KRESLADI (LAD-I); working to support approval.
- Phase 2 pivotal enrollment ongoing for RP-A501 (Danon) and RP-L301 (PKD) initiated.
- EC granted orphan medicinal product designation for RP-A601 (PKP2-ACM); Phase 1 enrolling.