earnings
confidence high
sentiment neutral
materiality 0.55
Entera Bio Q1 net loss $2.2M vs $3.8M YoY; cash $10.7M into Q3 2024
Entera Bio Ltd.
2023-Q1 EPS reported
$0.08
- Net loss of $2.2M, $0.08 per share, compared to $3.8M, $0.13 per share in Q1 2022.
- Cash and equivalents $10.7M as of Mar 31, 2023; expects cash to fund ops into Q3 2024.
- R&D expenses $0.9M (down 47% YoY); G&A expenses $1.3M (down 41% YoY).
- Plans to initiate PK study of oral PTH(1-34) for hypoparathyroidism H1 2023, topline H2 2023.
- Amgen research collaboration discontinued by mutual agreement after 4+ years.