earnings
confidence high
sentiment neutral
materiality 0.60
VYNE reports FY2024 net loss $39.8M; cash $61.5M; repibresib Phase 2b data due mid-2025
VYNE Therapeutics Inc.
- Cash & equivalents total $61.5M as of Dec 31, 2024; expected runway into 2H 2026.
- Net loss for FY 2024 was $39.8M ($0.93 per share) vs $28.5M ($2.78 per share) in 2023.
- R&D expenses doubled to $30.9M driven by Phase 2b repibresib and Phase 1a VYN202 trials.
- Repibresib gel Phase 2b vitiligo top-line data expected mid-2025; fully enrolled ~180 subjects.
- VYN202 Phase 1b psoriasis trial initiated; top-line results expected by year-end 2025.