earnings
confidence high
sentiment neutral
materiality 0.50
BiomX reports Q3 net loss $7.9M, cash $23.4M, BX004 Part 2 data expected this month
BiomX Inc.
2023-Q3 EPS reported
$0.43
- Net loss for Q3 2023 was $7.9 million, compared to $6.8 million for Q3 2022.
- Cash and equivalents stood at $23.4M as of Sep 30, 2023, down from $34.3M at Dec 31, 2022.
- Part 2 data from Phase 1b/2a trial of BX004 for cystic fibrosis expected later in November 2023.
- In August 2023, BX004 received FDA Fast Track designation for chronic respiratory infections in CF patients.
- Board appointed Edward L. Williams, former executive at Ascendis, Novo Nordisk, and Novartis, in October 2023.