earnings
confidence high
sentiment neutral
materiality 0.65
Agios Q1 2023: PYRUKYND revenue $5.6M, net loss improves to $81M, cash $1.0B
AGIOS PHARMACEUTICALS, INC.
2023-Q1 EPS reported
-$1.47
revenue$5,609,000
- PYRUKYND net revenue of $5.6M in Q1 2023; 127 unique patients enrolled, 89 on therapy.
- Net loss of $81.0M improved from $94.8M in Q1 2022; R&D expense $67.3M, SG&A $28.4M.
- Cash, cash equivalents and marketable securities $1.0B as of March 31, 2023.
- Phase 2 sickle cell data (RISE UP) expected mid-2023; ENERGIZE/ENERGIZE-T enrollment closed.
- Appointed Jeffrey Capello to board; Paul Clancy stepping down effective June 13, 2023.