earnings
confidence high
sentiment neutral
materiality 0.65
Barinthus Bio Q1 net loss $15.5M; VTP-200 misses stat sig; VTP-1000 IND cleared; CMO appointed
Barinthus Biotherapeutics plc.
2024-Q1 EPS reported
-$0.40
- Net loss was $15.5M ($0.40/share), compared to $18.2M ($0.48) in Q1 2023; revenue nil.
- Cash position $130.0M as of Mar 31, 2024; cash runway into Q4 2025.
- VTP-200 Phase 1b/2 APOLLO met safety but no stat sig improvement in hrHPV or lesion clearance vs placebo.
- VTP-1000 IND cleared for Phase 1 celiac trial; first patient dosing expected Q3 2024.
- Appointed Dr. Leon Hooftman as CMO effective June 3, 2024.