Prothena Corp. (PRTA) Posts Smaller Q4 Loss

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Prothena Reports Fourth Quarter and Full Year 2018 Financial Results, and Provides Financial Guidance and R&D Update

February 14, 2019 4:05 PM EST

Net cash used in operating and investing activities was $22.5 million in the fourth quarter and $30.0 million for the full year 2018; quarter-end cash and restricted cash position of $431.7 million provides funding to advance neuroscience pipeline Entered into global neuroscience research & development collaboration with Celgene to advance novel therapies for patients with neurodegenerative diseasesInitiated a first-in-human study of PRX004 in patients with ATTR amyloidosisEnrollment completed for the Phase 2 PASADENA study of prasinezumab in patients with early Parkinsons disease

DUBLIN, Ireland, Feb. 14,... More