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8-K: Ensysce Biosciences Reports Third Quarter 2024 Financial Results

8-K: Ensysce Biosciences Reports Third Quarter 2024 Financial Results

8-K:Ensysce Biosciences公佈2024年第三季度財務業績
美股SEC公告 ·  11/13 05:21

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Ensysce Biosciences reported Q3 2024 financial results and operational progress. The company was awarded a $14 million NIH grant for PF614-MPAR development and initiated its second clinical trial. Ensysce also submitted the pivotal PF614 Phase 3 protocol to the FDA for review.Financially, Ensysce ended Q3 with $4.2 million in cash, up from $1.1 million at 2023 year-end. Q3 revenue from federal grants increased to $3.4 million from $0.4 million YoY. R&D expenses decreased to $1.7 million from $1.9 million YoY. The company reported net income of $0.7 million for Q3 2024, compared to a $2.7 million loss in Q3 2023.Ensysce continues to advance its TAAP and MPAR technologies for safer pain medications. The company expects FDA feedback on its PF614 Phase 3 protocol by end-November and plans to initiate the pivotal trial in the coming year. For PF614-MPAR, Ensysce is set to begin subject dosing in the PF614-MPAR-102 study this quarter. The company also selected PF9001 as its lead candidate for opioid use disorder treatment.
Ensysce Biosciences reported Q3 2024 financial results and operational progress. The company was awarded a $14 million NIH grant for PF614-MPAR development and initiated its second clinical trial. Ensysce also submitted the pivotal PF614 Phase 3 protocol to the FDA for review.Financially, Ensysce ended Q3 with $4.2 million in cash, up from $1.1 million at 2023 year-end. Q3 revenue from federal grants increased to $3.4 million from $0.4 million YoY. R&D expenses decreased to $1.7 million from $1.9 million YoY. The company reported net income of $0.7 million for Q3 2024, compared to a $2.7 million loss in Q3 2023.Ensysce continues to advance its TAAP and MPAR technologies for safer pain medications. The company expects FDA feedback on its PF614 Phase 3 protocol by end-November and plans to initiate the pivotal trial in the coming year. For PF614-MPAR, Ensysce is set to begin subject dosing in the PF614-MPAR-102 study this quarter. The company also selected PF9001 as its lead candidate for opioid use disorder treatment.
Ensysce Biosciences公佈了2024年第三季度的財務結果和運營進展。該公司獲得了1400萬美元的NIH撥款用於PF614-MPAR的開發,並啓動了第二項臨牀試驗。Ensysce還向FDA提交了關鍵的PF614三期方案進行審查。在財務方面,Ensysce在第三季度結束時的現金達到420萬美元,較2023年年末的110萬美元有所增加。第三季度來自聯邦撥款的營業收入同比增加至340萬美元,而去年爲40萬美元。研發費用同比減少至170萬美元,去年爲190萬美元。該公司報告2024年第三季度凈利潤爲70萬美元,而2023年第三季度則虧損270萬美元。Ensysce繼續推進其TAAP和MP...展開全部
Ensysce Biosciences公佈了2024年第三季度的財務結果和運營進展。該公司獲得了1400萬美元的NIH撥款用於PF614-MPAR的開發,並啓動了第二項臨牀試驗。Ensysce還向FDA提交了關鍵的PF614三期方案進行審查。在財務方面,Ensysce在第三季度結束時的現金達到420萬美元,較2023年年末的110萬美元有所增加。第三季度來自聯邦撥款的營業收入同比增加至340萬美元,而去年爲40萬美元。研發費用同比減少至170萬美元,去年爲190萬美元。該公司報告2024年第三季度凈利潤爲70萬美元,而2023年第三季度則虧損270萬美元。Ensysce繼續推進其TAAP和MPAR技術,以開發更安全的止痛藥。該公司預計將在11月底前收到FDA對其PF614三期方案的反饋,並計劃在明年啓動關鍵試驗。針對PF614-MPAR,Ensysce計劃在本季度開始PF614-MPAR-102研究中的受試者給藥。該公司還選擇PF9001作爲其用於阿片使用障礙治療的主要候選藥物。
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