earnings
confidence high
sentiment neutral
materiality 0.55
Entera Bio reports FY2024 net loss of $9.5M; cash $21M as of March 28, 2025
Entera Bio Ltd.
- Net loss $9.5M ($0.25 per share) vs $8.9M ($0.31 per share) in FY2023.
- Cash and equivalents $8.7M at Dec 31, 2024; $21M as of March 28, 2025 after new investments.
- R&D expenses flat at $4.5M; G&A increased to $5.1M from $4.4M.
- Entera and OPKO entered oral GLP-1/Glucagon license agreement; IND filing expected in 2025.
- EB613 Phase 3 study planned pending FDA surrogate endpoint qualification; SABRE ruling awaited.