GlycoMimetics Reports Highlights and Financial Results for Fourth Quarter and Full Year 2020

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GlycoMimetics (GLYC) Reports In-Line Q4 EPS, Revenues Miss

March 2, 2021 7:33 AM EST

GlycoMimetics (NASDAQ: GLYC) reported Q4 EPS of ($0.32), in-line with the analyst estimate of ($0.32). Revenue for the quarter came in at $163 thousand versus the consensus estimate of $200 thousand.

During 2020, we remained on track to complete enrollment of our uproleselan pivotal trial in the second half of 2021. Uproleselan continues to have strong support from collaborators working with us in the clinical and preclinical arenas. We believe this broad-based support for uproleselan reflects confidence in our approach to establish this product... More