earnings
confidence high
sentiment neutral
materiality 0.60
PMV Pharma reports FY2025 net loss of $77.7M; reaffirms NDA filing for rezatapopt in Q1 2027
PMV Pharmaceuticals, Inc.
- Cash and securities $112.9M at Dec 2025 (down from $183.3M); runway to end of Q2 2027.
- Net loss $77.7M for FY2025 vs $58.7M in 2024; net cash used in ops $73.6M (vs $51.3M).
- R&D expenses $69.9M (up from $58.5M) on rezatapopt trial costs; G&A $16.3M (down from $26.9M).
- PYNNACLE Phase 2 enrollment on track; NDA submission for ovarian cancer planned Q1 2027.
- Rezatapopt granted FDA Orphan Drug Designation for TP53 Y220C positive ovarian cancer; Phase 1 in NEJM.