Prothena Corp. (PRTA) Misses Q2 EPS by 7c
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Prothena Reports Second Quarter 2023 Financial Results and Business Highlights
August 3, 2023 4:05 PM EDTNet cash used in operating and investing activities was $45.7 million in the second quarter and $93.2 million for the first six months of 2023; quarter-end cash and restricted cash position was $661.3 million Revised year-end cash guidance to be approximately $600 million in cash, cash equivalents and restricted cash, representing an increase of $88 million from prior guidance of $512 million Presented research across multiple Alzheimers disease programs targeting amyloid-beta and tau at AAIC 2023, including data on PRX012, PRX005 and PRX123 Bristol Myers Squibb (BMS) obtained the $55 million exclusive worldwide license to PRX005 in July, expanding on the... More
