PHAXIAM Therapeutics
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PHAXIAM Therapeutics (PHXM) investor relations material

PHAXIAM Therapeutics has been delisted

PHAXIAM Therapeutics Q3 2024 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2024 earnings summary13 Nov, 2024

Executive summary

  • Cash and cash equivalents reached €5.7 million as of September 30, 2024, following a €7.8 million capital increase in July 2024.

  • Clinical strategy execution remains on track, with the GLORIA global Phase II study protocol approved by the U.S. FDA and patient recruitment planned for Q1 2025.

  • PHAXIAM is developing phage therapies targeting resistant bacteria responsible for most hospital-acquired infections.

Financial highlights

  • Cash position increased from €1.5 million on June 30, 2024, to €5.7 million on September 30, 2024.

  • Net proceeds from the July 2024 capital increase amounted to €6.8 million after costs.

  • Current cash runway is expected to fund operations until March 2025.

Outlook and guidance

  • Patient recruitment for the GLORIA Phase II study is expected to begin in Q1 2025.

  • First patient enrollment in the Phase II DFU study anticipated in Q4 2024.

  • Preliminary results from the Phase I endocarditis study expected around mid-2025.

  • Exploring cost reduction, non-dilutive funding, and strategic investments to extend cash runway.

Detail specific plans to extend cash runway beyond March 2025
What is the timeline for EU/UK GLORIA Phase II CTA clearance?
How will pipeline priorities shift given cash runway?
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Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
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Eferix Drawings Google Play
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@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
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Amina0781App Store
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