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Delcath(DCTH) - 2021 Q2 - Quarterly Report
2021-08-09 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission File Number: 001-16133 DELCATH SYSTEMS, INC. (Exact name of registrant as specified in its charter) Delaware 06-1245881 (State or ...
Delcath(DCTH) - 2021 Q1 - Earnings Call Transcript
2021-05-11 17:56
Delcath Systems, Inc. (NASDAQ:DCTH) Q1 2021 Earnings Conference Call May 11, 2021 8:30 AM ET Company Participants James Carbonara - Investor Relations Gerard Michel - Chief Executive Officer Christine Padula - Interim Principal Accounting Officer John Purpura - Chief Operating Officer Johnny John - Vice President, Clinical and Medical Affairs Kevin Muir - VP, Commercial Operations Conference Call Participants Scott Henry - ROTH Capital Yale Jen - Laidlaw & Company Marie Thibault - BTIG Arlinda Lee - Canacc ...
Delcath(DCTH) - 2021 Q1 - Quarterly Report
2021-05-10 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission File Number: 001-16133 DELCATH SYSTEMS, INC. (Exact name of registrant as specified in its charter) Delaware 06-1245881 (State or ...
Delcath(DCTH) - 2020 Q4 - Earnings Call Transcript
2021-03-31 17:59
Delcath Systems, Inc. (NASDAQ:DCTH) Q4 2020 Earnings Conference Call March 31, 2021 8:00 AM ET Company Participants James Carbonara - Investor Relations Gerard Michel - Chief Executive Officer John Purpura - Chief Operating Officer Johnny John - Senior Vice President, Clinical and Medical Affairs Jonathan Zager - Chief Academic Officer Conference Call Participants Marie Thibault - BTIG Scott Henry - ROTH Capital Arlinda Lee - Canaccord Yale Jen - Laidlaw & Company Swayampakula Ramakanth - H.C. Wainwright Op ...
Delcath(DCTH) - 2020 Q4 - Annual Report
2021-03-30 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ Annual report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the fiscal year ended December 31, 2020 ☐ Transition report pursuant to Section 13 or 15(d)of the Securities Exchange Act of 1934 for the transition period from ____________ to ____________ Commission file number: 001-16133 DELCATH SYSTEMS, INC. | --- | --- | |----------------------------------------------------------------|------------- ...
Delcath(DCTH) - 2020 Q3 - Quarterly Report
2020-11-12 13:32
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | --- | |----------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------- ...
Delcath(DCTH) - 2020 Q3 - Earnings Call Transcript
2020-11-11 18:29
Financial Data and Key Metrics Changes - Product revenue for Q3 2020 was approximately $340,000, an increase from $216,000 in the prior year period [42] - Selling, general and administrative expenses decreased to approximately $2 million from $4 million in the prior year quarter [43] - Research and development expenses increased to $3.3 million from $1.8 million in the prior year quarter [43] - Net loss for Q3 2020 was $5 million, compared to a net loss of $7.5 million for the same period in 2019 [44] - Cash, cash equivalents, and restricted cash totaled $11.1 million at September 30, 2020, compared to $10.2 million at December 31, 2019, and $15.5 million at the end of September 30, 2019 [44] Business Line Data and Key Metrics Changes - The company is focused on the Melphalan/HDS product, which is designed to administer high-dose chemotherapy to the liver while controlling systemic exposure [9][10] - The lead indication is metastatic ocular melanoma, with an estimated 1,200 to 1,500 patients in the U.S. and no standard-of-care currently available [10] Market Data and Key Metrics Changes - The company believes Melphalan/HDS will eventually have a role in treating other solid tumors of the liver in the U.S., as it already does in the EU [15] - The liver is often the life-limiting organ for cancer patients, with overall survival usually under 12 months [16] Company Strategy and Development Direction - The company aims to complete the FOCUS trial and submit an approvable NDA, prepare for commercialization of Melphalan/HDS, raise awareness in the investor community, and prioritize additional indications for Melphalan/HDS [29] - The FDA conditionally accepted the trade name HEPZATO kit for use in the U.S. [36] - The company is focusing on expanding into larger markets over time, with plans to investigate the efficacy of Melphalan/HDS in a broader set of tumor types [17][26] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the safety and efficacy of the Melphalan/HDS device, noting improvements over the previous generation [18][22] - The company is navigating challenges related to COVID-19, which has impacted site access for data monitoring [31][34] - Management is optimistic about the upcoming top-line data release in early 2021 and NDA submission projected for Q1 2022 [30][31] Other Important Information - The company has not recorded any treatment-related deaths in over 1,000 treatments in Europe, and the FOCUS trial has not experienced any safety concerns requiring a pause [24][25][80] - The management team is committed to transparency and open communication with investors to raise awareness of the company's progress [37] Q&A Session Summary Question: Interpretation of treatment cycles per patient - Management noted that on average, patients are receiving about four treatments, which is an encouraging sign [46][47] Question: Gating factors for data release and NDA filing - The gating factor is monitoring, particularly at sites with a backlog due to COVID-19 [48][49] Question: Concerns about the 21% response rate bar - Management is not concerned that the bar has shifted significantly since the last meeting with the FDA [51][52] Question: Completion timeline for ongoing treatments - Management indicated that the completion of treatments for the nine patients depends on the number of cycles they receive [55][56] Question: Commercial viability based on response rates - Management believes that even a modest response rate above the bar would still be commercially viable due to the lack of available treatments [61][62] Question: Learnings from previous roles - Management emphasized the importance of transparency, trusting the team, and balancing specific goals with flexibility [64][66] Question: Novelty and learning curve of the technology - The technology's novelty lies in isolation, saturation, and filtration, and while there is a learning curve, training programs are in place to facilitate this [69][72] Question: Future indications for Melphalan/HDS - Management is considering multiple indications, including neuroendocrine tumors, breast cancer, and colorectal cancer, based on unmet needs and available data [76][79]
Delcath(DCTH) - 2020 Q2 - Earnings Call Transcript
2020-08-14 02:29
Delcath Systems, Inc. (NASDAQ:DCTH) Q2 2020 Results Earnings Conference Call August 13, 2020 4:30 PM ET Company Participants James Carbonara - Hayden IR John Purpura - Interim Chief Executive Officer Christine Padula - Principal Accounting Officer Johnny John - VP of Medical Affairs Gilad Aharon - Director Conference Call Participants Scott Henry - Roth Capital. Yale Jen - Laidlaw and Company Operator Ladies and gentlemen, thank you for standing by. And welcome to the Delcath Systems, Inc. Second Quarter Ea ...
Delcath(DCTH) - 2020 Q2 - Quarterly Report
2020-08-13 20:20
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2020 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |---------------|-------|--------------------------------------|--------------- ...
Delcath(DCTH) - 2020 Q1 - Quarterly Report
2020-05-14 21:23
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2020 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ | --- | --- | |----------------------------------------------------------------------------------------------------------------------------- ...