Biopharma firm PolyPid's Q3 net loss narrows to $7.5 mln

Reuters11-12
Biopharma firm PolyPid's Q3 net loss narrows to $7.5 mln

Overview

  • PolyPid reports Q3 net loss of $7.5 mln, down from $7.8 mln last year

  • Company advances regulatory strategy with pre-NDA meeting scheduled for December

  • PolyPid progresses in U.S. partnership talks post positive Phase 3 trial results

Outlook

  • PolyPid plans NDA submission for D-PLEX₁₀₀ in early 2026

  • Company advancing U.S. partnership discussions for D-PLEX₁₀₀

  • PolyPid expects cash balance to fund operations into 2026

Result Drivers

  • R&D - The increase in R&D expenses was primarily due to activities related to the completion of the SHIELD II Phase 3 trial and preparation for regulatory submissions

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 EPS

$0.37

Q3 Net Income

$7.45 mln

Q3 Operating Income

$7.46 mln

Q3 Pretax Profit

$7.43 mln

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the pharmaceuticals peer group is "buy"

  • Wall Street's median 12-month price target for PolyPid Ltd is $13.00, about 71.1% above its November 11 closing price of $3.76

Press Release: ID:nGNX9rSTFN

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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