earnings
confidence high
sentiment neutral
materiality 0.60
Aadi Bioscience Q2 2022: FYARRO sales $3.4M, net loss $18.3M, cash $118.7M
Whitehawk Therapeutics, Inc.
2022-Q2 EPS reported
-$1.53
revenue$5,744,000
- FYARRO net product sales $3.4M for Q2 2022, first full quarter after launch.
- Net loss $18.3M (vs $1.5M in Q2 2021), includes $3.7M impairment charge.
- Cash and equivalents $118.7M; expected to fund operations into 2024.
- PRECISION 1 trial (TSC1/TSC2) enrollment ongoing; preliminary data expected 1H23.
- Permanent J-code (J9331) for FYARRO effective July 1, 2022 from CMS.