earnings
confidence high
sentiment positive
materiality 0.80
Phathom Q2 net loss $41.0M; PDUFA dates Oct/Nov 2023 for VOQUEZNA
Phathom Pharmaceuticals, Inc.
2023-Q2 EPS reported
-$1.73
- Net loss $41.0M in Q2 2023, improved from $50.9M in Q2 2022.
- Cash $248.8M at June 30; $100M available from Hercules on Oct 1, $175M upon Erosive GERD approval.
- FDA PDUFA dates: Oct 30 for VOQUEZNA H. pylori packs; Nov 17 for Erosive GERD NDA.
- Completed public offering May 2023 with $141.4M net proceeds.
- Phase 3 PHALCON-NERD-301 completed; regulatory submission for Non-Erosive GERD on track H2 2023.