earnings
confidence high
sentiment positive
materiality 0.80
Opus Genetics reports FY2025 net loss $49.6M; cash $70.1M; PDUFA date Oct 2026
Opus Genetics, Inc.
- Net loss $49.6M ($0.80/sh) vs $57.5M ($2.15/sh) in 2024; revenue $14.2M from Viatris collab.
- Cash $45.1M at Dec 31, 2025; raised $25M in private placement to $70.1M; runway into H1 2028.
- BEST1 gene therapy: sentinel patient showed 12-letter BCVA gain and 23% CST decrease; three-month data from full cohort expected mid-2026.
- FDA set PDUFA date Oct 17, 2026 for Phentolamine Ophthalmic Solution 0.75% for presbyopia.
- Phase 3 LCA5 trial enrolling; RDEP review submission planned Q1 2026; MERTK funding secured from Abu Dhabi fund.