earnings
confidence high
sentiment neutral
materiality 0.60
Unicycive Therapeutics reports Q3 2022 net loss of $5.6M and provides pipeline updates
Unicycive Therapeutics, Inc.
2022-Q3 EPS reported
-$0.85
revenue$951,000
- Completed enrollment of pivotal bioequivalence study for RENAZORB; topline data expected by year-end.
- Entered partnership with Lee's Pharmaceutical for RENAZORB in China, receiving $1.0M upfront fee.
- Expects clearance for Phase 1 study of UNI-494 in UK by year-end.
- Net loss for Q3 2022 was $5.6M vs $5.2M in Q3 2021; cash and equivalents totaled $7.0M.