earnings
confidence high
sentiment neutral
materiality 0.70
Vistagen FY2026 net loss $69.7M; PALISADE-4 topline results expected June 2026
Vistagen Therapeutics, Inc.
- Net loss of $69.7M for FY ended March 31, 2026, vs $51.4M prior year; R&D expense $55.0M.
- Cash and marketable securities $45.4M; management expects runway into 2027.
- Completed randomized portion of PALISADE-4 Phase 3 trial of fasedienol for social anxiety disorder; topline results expected in June 2026.
- Received FDA 'Study May Proceed' letter for refisolone IND for menopausal hot flashes.
- Appointed new CMO (Dr. Angel Angelov), CFO (Nick Tressler), and Chief Corporate Development Officer (Elissa Cote).