earnings
confidence high
sentiment positive
materiality 0.65
PDS Biotech Q1 net loss $7.3M ($0.13/sh); VERSATILE-003 amended with PFS endpoint
PDS Biotechnology Corp
- Net loss $7.3M ($0.13 per share) vs $8.5M ($0.21) YoY; revenue not reported.
- R&D expenses $3.5M, down from $5.8M; cash $21.7M at March 31.
- VERSATILE-003 Phase 3 amended to add PFS as interim primary endpoint, reducing enrollment; patients already enrolled continue.
- PDS01ADC mCRC trial: 77.8% ORR and ~85% 24-month survival; mCRPC trial: median PFS 9.6 months.
- New US and Japan patents granted for PDS0101, extending market protection into 2040s.