earnings
confidence high
sentiment neutral
materiality 0.65
Benitec Q2 net loss $6.8M; first BB-301 subject cleared DSMB review – enrollment continues
Benitec Biopharma Inc.
2024-Q2 EPS reported
-$5.39
- Net loss of $6.8M ($2.64 per share) for quarter ended Dec 31, 2023 vs $5.4M ($3.34) a year ago.
- Cash and cash equivalents $20.4M at Dec 31, 2023, up from $2.5M at June 30, 2023.
- First subject dosed with BB-301 in Nov 2023; DSMB review found no dose-limiting toxicities, recommended continuation without modifications.
- 23 subjects enrolled in OPMD natural history study; second subject scheduled to receive BB-301 in Feb 2024.
- Interim safety and efficacy data from Phase 1b/2a Clinical Treatment Study expected mid-2024.