earnings
confidence high
sentiment neutral
materiality 0.60
Entera Bio Q3 net loss $3.0M ($0.08/shr); cash $6.9M; awaits FDA SABRE ruling Jan 2025
Entera Bio Ltd.
2024-Q3 EPS reported
$0.19
revenue$99,000
- Net loss of $3.0M ($0.08 basic/diluted EPS) for Q3 2024 vs $2.4M ($0.08) in Q3 2023; operating expenses $3.0M vs $2.4M.
- Cash and equivalents $6.9M; expects runway into Q3 2025.
- EB613 (oral PTH) phase 3 prep ongoing; FDA decision on SABRE regulatory endpoint expected January 2025.
- Oral GLP-1/glucagon (with OPKO) showed favorable PK/PD; plans to present at clinical conference.
- Oral GLP-2 tablet for short bowel syndrome; final PK/PD data expected H2 2024.