Prothena Corp. (PRTA) Reports In-Line Q4 EPS, Revenues Beat

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Prothena Reports Fourth Quarter and Full Year 2020 Financial Results, and Provides Financial Guidance and R&D Update

February 11, 2021 8:00 AM EST

Net cash used in operating and investing activities was $19.1 million in the fourth quarter and $80.6 million for the full year 2020; quarter-end cash and restricted cash position of $298.1 million provides funding to advance the R&D pipeline Announced confirmatory Phase 3 AFFIRM-AL study of birtamimab in Mayo Stage IV patients with AL amyloidosis under SPA agreement with FDA at p0.10 Reported significantly reduced decline in motor function in Phase 2 study of prasinezumab in Parkinsons disease... More