earnings
confidence high
sentiment positive
materiality 0.65
Immunic reports Q3 2023 net loss $22.8M; positive CALLIPER interim NfL data
IMMUNIC, INC.
2023-Q3 EPS reported
-$1.63
- Net loss of $22.8M ($0.51/sh) for Q3 2023 vs $21.2M ($0.69/sh) in Q3 2022.
- Cash and investments of $59.7M as of Sep 30, 2023; expected runway into Sep 2024.
- Phase 2 CALLIPER trial in progressive MS met interim biomarker endpoint: serum NfL improved vs placebo across all subtypes.
- Received US patent notice of allowance for vidofludimus calcium in relapsing MS, extending protection to 2041.
- CALLIPER enrollment completed (467 pts); top-line data expected April 2025; ENSURE interim futility late 2024.