regulatory
confidence high
sentiment positive
materiality 0.90
Entera Bio announces FDA agreement for single pivotal Phase 3 study of oral PTH tablet EB613 with BMD endpoint
Entera Bio Ltd.
- FDA agreed that a single placebo-controlled Phase 3 study with total hip BMD as primary endpoint can support NDA for EB613.
- EB613 is the first daily oral tablet formulation of teriparatide (Forteo), targeting post-menopausal osteoporosis.
- Patient enrollment in the pivotal Phase 3 study is expected to commence in 2023.
- Q3 2022 net loss $3.1M ($0.11 per share); cash $14.3M, expected to fund operations through Q2 2023.
- Revenue was $8K (down from $140K) primarily due to finalization of Amgen pre-clinical services.