earnings
confidence high
sentiment positive
materiality 0.75
Ensysce reports Q4 net loss $3.6M, cash $3.5M; signs PF614 commercial launch partner
Ensysce Biosciences, Inc.
- Cash $3.5M at Dec 2024 vs $4.2M Sept 2024 and $1.1M Dec 2023; 2024 net loss $8.0M vs $10.6M in 2023.
- Entered strategic partnership with specialty manufacturer for commercial launch of PF614 and PF614-MPAR.
- PF614-MPAR-102 interim data show overdose protection at 100 mg dose; study continues at higher doses.
- FDA feedback on PF614 phase 3 design received; enrollment expected Q2 2025; NDA submission targeted for 2026.