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Friday, August 9, 2019

Progenics Q2 top-line up 156%

Progenics Pharmaceuticals (PGNXQ2 results: Revenues: $10M (+156.4%); Azedra sales: $0.3M; Royalty income: $3.6M (+2.9%); License and other revenue: $6.1M.
Net Loss: ($19.7M) (-29.6%); loss/share: ($0.23) (-15.0%); Quick Assets: $84.8M (-38.4%).
The Company completed enrollment ahead of schedule in Phase 3 CONDOR trial of PyLTM (18F-DCFPyL); topline data expected by end of 2019.

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