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Chimerix (CMRX) investor relations material
Chimerix Q4 2024 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
FDA accepted NDA for dordaviprone to treat recurrent H3 K27M-mutant diffuse glioma; PDUFA action date set for August 18, 2025.
Jazz Pharmaceuticals to acquire Chimerix for $8.55 per share in cash, totaling ~$935 million; expected to close in Q2 2025.
Chimerix continues to advance dordaviprone and ONC206 clinical programs.
Financial highlights
Q4 2024 net loss was $23.0 million ($0.25/share) vs. $18.2 million ($0.20/share) in Q4 2023.
Full-year 2024 net loss was $88.4 million ($0.99/share) vs. $82.1 million ($0.93/share) in 2023.
Q4 2024 R&D expenses rose to $17.7 million from $15.6 million year-over-year; G&A expenses increased to $7.0 million from $5.2 million.
Full-year 2024 R&D expenses were $74.6 million, up from $68.8 million; G&A expenses decreased to $22.2 million from $24.6 million.
Cash and investments totaled $140.1 million at year-end 2024; no outstanding debt.
Outlook and guidance
Preparing for potential commercial launch of dordaviprone, pending FDA approval.
Anticipates closing of Jazz acquisition in Q2 2025, subject to customary conditions.
- Dordaviprone NDA submission targets accelerated approval for H3K27M-mutant glioma by Q3 2025.CMRX
FDA Announcement - Q3 net loss narrowed to $22.9M as dordaviprone and ONC206 clinical programs advanced.CMRX
Q3 2024 - Dordaviprone advances to phase III with strong data; ONC206 and TEMBEXA add pipeline and financial strength.CMRX
H.C. Wainwright 26th Annual Global Investment Conference 2024 - Q2 net loss was $20.7M as late-stage oncology trials advanced and cash runway remains strong.CMRX
Q2 2024 - Phase III glioma trial nears key survival data; ONC206 and Australia approval advance in 2024.CMRX
Jefferies 2024 Global Healthcare Conference
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