earnings
confidence high
sentiment neutral
materiality 0.70
Agios Q2 2023: PYRUKYND revenue $6.7M; net loss $83.8M; pipeline advances
AGIOS PHARMACEUTICALS, INC.
2023-Q2 EPS reported
-$2.97
revenue$12,321,000
- PYRUKYND net revenue $6.7M in Q2, up 20% QoQ; 147 patients completed enrollment forms, 99 on therapy.
- Net loss $83.8M vs $91.8M a year ago; cash $946.9M, expected runway into 2026.
- Phase 2 mitapivat in sickle cell positive; Phase 3 enrollment to begin Q4 2023.
- Completed enrollment in Phase 3 thalassemia studies (ENERGIZE/ENERGIZE-T) and Phase 2a AG-946 in LR-MDS.
- Licensed Alnylam siRNA for polycythemia vera; appointed Catherine Owens to board.