earnings
confidence high
sentiment neutral
materiality 0.60
PMV Pharma Q3 2021 net loss $39.5M for nine months; cash $326.3M
PMV Pharmaceuticals, Inc.
2022-Q3 EPS reported
-$0.88
- Net loss for nine months ended Sep 30, 2021: $39.5M vs $24.0M in prior-year period.
- Cash, equivalents and marketable securities: $326.3M as of Sep 30, 2021; sufficient through end of 2023.
- R&D expenses increased to $24.3M (from $17.8M) driven by PC14586 clinical development.
- Phase 1/2 trial of p53 Y220C reactivator PC14586 data expected in first half 2022.
- Appointed Tim Smith as SVP, Head of Corporate Development.