earnings
confidence high
sentiment neutral
materiality 0.70
Agios Q3: PYRUKYND rev $7.4M; first patient dosed in Phase 3 sickle cell; net loss $91.3M
AGIOS PHARMACEUTICALS, INC.
2023-Q3 EPS reported
-$4.61
revenue$19,720,000
- PYRUKYND net revenue $7.4M in Q3 2023 (+10% QoQ); 100 patients on therapy, 160 completed enrollment forms.
- First patient dosed in Phase 3 portion of RISE UP pivotal study of mitapivat in sickle cell disease.
- Completed enrollment in Phase 3 ACTIVATE-kidsT; >50% enrolled in Phase 3 ACTIVATE-kids for pediatric PK deficiency.
- Net loss $91.3M in Q3 2023 vs $81.7M in Q3 2022; cash $872.4M as of Sep 30, 2023, funding into 2026.
- Topline data for AG-946 in LR-MDS expected by year-end 2023; Phase 3 thalassemia data in 2024.