earnings
confidence high
sentiment neutral
materiality 0.70
AnaptysBio Q3 net loss $37.3M ($1.41/sh); imsidolimab Phase 3 GPP hits primary endpoint
ANAPTYSBIO, INC
2023-Q3 EPS reported
-$4.49
revenue$8,152,000
- Net loss $37.3M ($1.41/sh) vs $33.5M ($1.18/sh) YoY; R&D spend rose to $30.9M.
- Cash $453.3M at Sep 30, down $130.9M; reaffirms cash runway through year-end 2026.
- Imsidolimab Phase 3 GPP: 53.3% achieved GPPPGA 0/1 vs 13.3% placebo (p=0.0131); out-license planned in 2024.
- Initiated Phase 2b rosnilimab RA trial (420 pts); Phase 2 UC trial starting Q4 2023; top-line mid-2025 and H1 2026.
- Collaboration revenue from Jemperli royalties $3.3M (vs $1.3M) helped offset net loss expansion.