earnings
confidence high
sentiment neutral
materiality 0.75
X4 Pharma FY2022 net loss $93.9M; WHIM trial success, NDA submission planned for H2 2023
X4 Pharmaceuticals, Inc
- Cash $123M as of Dec 31, 2022; funds operations into Q2 2024.
- Phase 3 4WHIM trial met primary and key secondary endpoints; NDA submission expected early 2H 2023.
- Phase 2 chronic neutropenia trial enrolling; data and regulatory path clarity expected 2Q/3Q 2023.
- Gross proceeds ~$120M from two 2022 financings; amended Hercules loan lowered cash covenant to $20M.