earnings
confidence high
sentiment neutral
materiality 0.60
Aldeyra Q3 net loss $14.6M; reproxalap NDA on track for Q4 2022; cash $185M
Aldeyra Therapeutics, Inc.
2022-Q3 EPS reported
-$0.84
- Net loss of $14.6M ($0.25 per share) for Q3 2022 vs $15.8M ($0.27) for Q3 2021.
- Cash, cash equivalents, and marketable securities of $185.3M as of Sep 30, 2022; expected to fund operations through end of 2023.
- NDA submission for reproxalap in dry eye disease remains on schedule for Q4 2022; package includes data from five adequate and well-controlled trials.
- Pre-NDA meeting with FDA scheduled in Q4 2022 to discuss ADX-2191 for primary vitreoretinal lymphoma; NDA possible by end of 2022.
- Top-line results from Phase 2 trial of ADX-629 in acute alcoholic hepatitis expected by end of 2022; ADX-2191 retinitis pigmentosa trial results expected H1 2023.