earnings
confidence high
sentiment neutral
materiality 0.70
Vistagen reports FY 2023 net loss $59.2M; positive fasedienol, itruvone clinical updates
Vistagen Therapeutics, Inc.
- Net loss of $59.2M for FY ended March 31, 2023, vs $48.7M prior year; cash $16.6M.
- Positive FDA feedback supports LSAS as primary endpoint for fasedienol Phase 3 FEARLESS program in SAD.
- Successful U.S. Phase 1 study of itruvone (PH10) enables Phase 2B development in MDD; Fast Track granted.
- PH80 nasal spray showed statistically significant reduction in hot flashes vs placebo in Phase 2A (p<.001).
- Company pursuing global partnerships to advance six CNS product candidates.