earnings
confidence high
sentiment neutral
materiality 0.60
Mineralys Therapeutics Q3 net loss $36.9M; NDA planned late-2025/Q1 2026; cash $593.6M
Mineralys Therapeutics, Inc.
2025-Q3 EPS reported
-$1.94
- Net loss $36.9M for Q3 2025 vs $56.3M YoY; R&D expenses fell to $31.5M from $54.0M.
- Cash, cash equivalents and investments $593.6M at Sep 30, 2025 (Dec 31, 2024: $198.2M) after $287.5M equity financing.
- NDA submission for lorundrostat planned late 2025 or Q1 2026 following pre-NDA FDA feedback.
- Enrollment complete in Explore-OSA Phase 2 trial; topline data anticipated Q1 2026.
- Company expects current cash to fund planned clinical and regulatory activities into 2028.