earnings
confidence high
sentiment negative
materiality 0.65
Vir Biotech Q1 net loss $121M; launches Phase 3 hepatitis delta program; cash into mid-2027
Vir Biotechnology, Inc.
2025-Q1 EPS reported
-$0.88
revenue$3,032,000
- Net loss of $121.0M ($0.88 per share) vs $65.3M ($0.48) in Q1 2024; revenue $3.0M vs $56.4M.
- Initiated Phase 3 ECLIPSE registrational program for chronic hepatitis delta; first patient enrolled March 2025.
- Cash and investments ~$1.02B, down $75.6M in Q1; cash runway into mid-2027.
- Alnylam opted out of profit-sharing for elebsiran in CHB/CHD; Vir seeking partner for CHB development.
- Dose escalation ongoing for TCEs VIR-5818 (HER2) and VIR-5500 (PSMA); Phase 1 for VIR-5525 (EGFR) planned Q2 2025.