earnings
confidence high
sentiment neutral
materiality 0.60
NeuroBo Q3 2023 net loss $3.8M; cash $25.8M; DA-1241 Phase 2a first patient dosed
MetaVia Inc.
2023-Q3 EPS reported
-$0.18
- Net loss $3.8M in Q3 2023 (EPS -$0.09) compared to net loss $3.1M (EPS -$3.50) in Q3 2022.
- Cash and cash equivalents $25.8M as of Sep 30, 2023; expected to fund operations into Q4 2024.
- First patient dosed in Phase 2a trial of DA-1241 for NASH; interim data expected H1 2024, full data H2 2024.
- DA-1726 IND submission for obesity expected by year-end 2023; Phase 1a initiation targeted H1 2024.
- Appointed James P. Tursi, M.D. to Board of Directors in November 2023.