Prothena Corp. (PRTA) Tops Q1 EPS by 40c

Go back to Prothena Corp. (PRTA) Tops Q1 EPS by 40c

Prothena Reports First Quarter 2017 Financial Results and Provides R&D Update

May 9, 2017 4:06 PM EDT

Net cash used in operating and investing activities was $40.2 million in the first quarter; quarter-end cash and restricted cash position of $510.6 million, including net proceeds of $150.3 million raised through March 2017 public equity offering, provides funding to advance R&D pipelineCompleted enrollment in the Phase 2b PRONTO study evaluating NEOD001 in previously treated patients with AL amyloidosis and persistent cardiac dysfunctionPresented results from the Phase 1b study of PRX002/RG7935 in an oral session at the 13th International Conference on Alzheimers and Parkinsons Disease (AD/PD)... More