earnings
confidence high
sentiment neutral
materiality 0.75
Perspective Therapeutics FY2023 net loss $46.5M; raised $177.2M in Q1 2024 financings
Perspective Therapeutics, Inc.
- Net loss $46.5M ($0.17/share) vs $10.8M ($0.08) in FY2022; R&D expenses surged to $21.3M from $0.9M.
- Cash $9.2M at Dec 31, 2023; subsequent private placements & public offering raised ~$177.2M gross in Q1 2024.
- Phase 1/2a trials for [212Pb]VMT-α-NET (NETs) and [212Pb]VMT01 (melanoma) advanced; Cohort 2 enrolling.
- Entered collaboration with Bristol Myers Squibb for VMT01+nivolumab combo; Lantheus gets option for VMT-α-NET license.
- Acquired radiopharmaceutical manufacturing facility in Somerset, NJ; sold brachytherapy business to GT Medical.