earnings
confidence high
sentiment neutral
materiality 0.75
Aadi Q3 net loss $87.2M; FYARRO PDUFA Nov 26; cash $161.4M
Whitehawk Therapeutics, Inc.
2022-Q3 EPS reported
-$19.37
revenue$120,000
- FYARRO (nab-sirolimus) NDA under FDA priority review with PDUFA target Nov 26, 2021.
- Ended Q3 with $161.4M cash; expected runway into 2024 post merger & $155M PIPE.
- Net loss $87.2M for Q3, primarily from $74.2M non-cash impairment related to merger.
- Appointed Brendan Delaney COO, Loretta Itri CMO (Q4), Scott Giacobello CFO (Nov 28).
- Plan to initiate registrational trial in TSC1/TSC2 tumors by end 2021 or early 2022.