Aimmune Therapeutics (AIMT) Reports In-Line Q4 EPS

Aimmune Therapeutics (NASDAQ: AIMT) reported Q4 EPS of ($1.06), in-line with the analyst estimate of ($1.06).

Pro-forma cash and investments of $443 million.

“The FDA approval of PALFORZIA was a defining moment for the peanut allergy community and Aimmune, and a culmination of years of commitment to bring an approved treatment to people with potentially life-threatening peanut allergy. We are thrilled to have achieved the first regulatory approval for a therapy for peanut allergy – in fact, for any food allergy,” said Jayson Dallas, M.D., President and CEO of Aimmune Therapeutics. “We are now focused on PALFORZIA launch execution, which is well underway. Our field commercial team is engaging with allergists to help them learn how to safely incorporate PALFORZIA into their practices, and our market access team has begun its work to secure formulary access for PALFORZIA. We are encouraged by the amount of early interest we have received from allergists who want to offer PALFORZIA to their patients. We also are delighted with the funding we received from Nestle Health Science and KKR, which bolster both our commercial and development endeavors, including the addition of AIMab7195 to our pipeline.”

For earnings history and earnings-related data on Aimmune Therapeutics (AIMT) click here.

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