earnings
confidence high
sentiment positive
materiality 0.75
Annexon Q2 net loss $55.3M; BLA for tanruprubart on track for Q4 2026
Annexon, Inc.
- Q2 net loss $55.3M ($0.28/share) vs $49.2M ($0.34) year ago; R&D $46.6M, G&A $10.6M.
- Cash $209.2M plus $200M credit facility ($50M drawn) extends runway into 2028.
- Tanruprubart BLA submission for GBS expected Q4 2026; EU MAA under review.
- Vonaprument Phase 3 ARCHER II adds Month 24 dual primary endpoint; Month 15 data on track Q4 2026.
- ANX1502 POC data in CAD expected Fall 2026; Mark Blumenkranz appointed to board.