Helus Pharma
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Helus Pharma (HELP) investor relations material

Helus Pharma Q1 2027 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q1 2027 earnings summary14 Aug, 2026

Executive summary

  • Appointed Michael Halstead as CEO to lead late-stage development and commercialization.

  • Completed enrollment in Phase 3 APPROACH study for HLP003 in MDD; topline data expected Q4 2026.

  • Advanced HLP004 for generalized anxiety disorder, with strong Phase 2 results and next study design due by end of Q3 2026.

  • Strengthened balance sheet with $50 million underwritten offering in June 2026.

Financial highlights

  • Cash totaled $166.4 million as of June 30, 2026.

  • Net loss was $47.8 million for Q1 2027, compared to $24.6 million in the same period last year.

  • Cash-based operating expenses were $37.5 million, up from $23.9 million year-over-year.

  • Cash flows used in operating activities were $37.1 million, compared to $29.5 million last year.

  • Increased expenses driven by advancement of HLP003 Phase 3 trials.

Outlook and guidance

  • Topline data for HLP003 Phase 3 APPROACH study expected in Q4 2026.

  • HLP004 next study design to be completed by end of Q3 2026.

  • HLP005 development candidate selection anticipated in second half of 2027.

HLP003 CYP450 profile and SSRI/SNRI compatibility
HLP004 3-hour discharge and GAD market potential
Burn rate trajectory for Phase 3 PARADIGM
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