earnings
confidence high
sentiment negative
materiality 0.70
Vistagen Q1 FY27 net loss $13.0M; cash $31.7M; FDA meeting planned for fasedienol path
Vistagen Therapeutics, Inc.
- Net loss $13.0M for Q1 ended June 30, 2026, vs $15.1M year-ago; revenue $1.2M from Fuji Pharma exclusivity expiration.
- Cash, equivalents and marketable securities $31.7M; sufficient into 2027 but not beyond one year from now.
- PALISADE-4 missed primary endpoint overall; post-hoc very severe SAD subpopulation showed nominally significant improvement vs placebo.
- FDA meeting planned this quarter to discuss potential Phase 3 registrational path for fasedienol in social anxiety disorder.
- Appointed Angel S. Angelov, M.D., MBA as CMO and Douglas J. Williamson, M.D. to Board; FDA 'Study May Proceed' for refisolone.