earnings
confidence high
sentiment neutral
materiality 0.65
Amylyx Q2 net loss $54.1M ($0.93/shr); ALBRIOZA launched in Canada; FDA PDUFA Sept 29
Amylyx Pharmaceuticals, Inc.
2022-Q2 EPS reported
-$1.85
- Net loss $54.1M vs $21.9M in Q2 2021; R&D $24.3M, G&A $30.0M; no product revenue.
- Cash & equivalents $206.7M at June 30, down from $255.2M at March 31, 2022.
- ALBRIOZA (AMX0035) commercially launched in Canada on July 29, 2022.
- FDA AdCom meeting Sept 7, 2022; PDUFA decision date Sept 29, 2022 for ALS NDA.
- EU MAA under review; decision expected first half 2023; commercial prep underway.