earnings
confidence high
sentiment neutral
materiality 0.50
Edgewise reports Q4 2022 net loss $19.4M; cash $352M; advancing EDG-5506 and EDG-7500 trials
Edgewise Therapeutics, Inc.
2022-FY EPS reported
-$1.26
- Cash, cash equivalents and marketable securities of $352M as of Dec 31, 2022.
- Q4 2022 net loss $19.4M ($0.31 per share); R&D expenses $16.6M, G&A $5.5M.
- EDG-7500 for HCM entered IND-enabling studies; Phase 1 start expected 2H2023.
- LYNX Phase 2 DMD trial interim data expected Q4 2023; ARCH BMD 12-month data Q2 2023.
- CANYON BMD trial to be amended with potentially registration-enabling cohort in 2H2023.