earnings
confidence high
sentiment neutral
materiality 0.75
Gossamer Bio Q4/FY23 results: first PAH patient dosed in Phase 3 PROSERA, cash $296M into H1 2026
Gossamer Bio, Inc.
- First PAH patient dosed in registrational Phase 3 PROSERA study; topline results expected Q4 2025.
- Japan PMDA accepted CTN, allowing inclusion of Japanese sites without PK bridging; could support Japanese NDA.
- Cash, equivalents & marketable securities $296.4M at Dec 31, 2023; expected to fund operations into H1 2026.
- Net loss for FY2023: $179.8M ($1.18 per share) vs $229.4M ($2.71) in FY2022.
- R&D expenses FY2023: $135.3M vs $170.9M in FY2022; G&A: $38.5M vs $47.6M.