earnings
confidence high
sentiment positive
materiality 0.90
Humacyte BLA for HAV gets Priority Review; PDUFA Aug 10, 2024; Q4 net loss $25.1M
Humacyte, Inc.
- FDA accepted BLA for HAV with Priority Review in vascular trauma; PDUFA date August 10, 2024.
- Raised ~$43.1M net from public offering in March 2024; additional $20M draw from Oberland.
- Cash and equivalents $80.4M at Dec 31, 2023; net cash used $69.0M in 2023.
- No revenue in Q4 2023; R&D expenses $20.2M (up from $15.0M), net loss $25.1M.
- Full year 2023 net loss $110.8M vs $12.0M in 2022 due to non-cash remeasurement and higher expenses.