earnings
confidence high
sentiment neutral
materiality 0.80
Protara Therapeutics Q4 net loss $17.3M; TARA-002 shows 68% CR in BCG-Unresponsive NMIBC
Protara Therapeutics, Inc.
- Net loss Q4 2025: $17.3M ($0.37/share); FY2025: $57.4M ($1.34/share).
- Cash $197.9M as of Dec 31, 2025; expects funding into 2028 after $86.3M December offering.
- TARA-002 in BCG-Unresponsive NMIBC: 68.2% complete response at six months; no grade 3+ TRAEs.
- FDA granted TARA-002 Breakthrough Therapy and Fast Track designations for lymphatic malformations.
- Expects to complete BCG-Unresponsive cohort enrollment in 2H 2026; initiate ADVANCED-3 trial in 2H 2026.