uniQure(QURE)

Search documents
uniQure(QURE) - 2023 Q2 - Quarterly Report
2023-08-01 11:37
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 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: 001-36294 uniQure N.V. (Exact name of Registrant as specified in its charter) The Netherlands (Stat ...
uniQure(QURE) - 2023 Q1 - Quarterly Report
2023-05-09 11:20
Financial Performance - Total revenues for Q1 2023 were $5.325 million, a significant increase from $1.792 million in Q1 2022, primarily driven by contract manufacturing revenues of $4.937 million[17]. - The net loss for Q1 2023 was $77.227 million, compared to a net loss of $46.678 million in Q1 2022, indicating a worsening financial performance year-over-year[17]. - Cash used in operating activities for Q1 2023 was $78.302 million, significantly higher than $25.711 million in Q1 2022[22]. - The company reported a basic and diluted net loss per ordinary share of $1.63 for Q1 2023, compared to $1.00 for Q1 2022[17]. - The accumulated deficit as of March 31, 2023, was $659.2 million, up from $581.9 million as of December 31, 2022[85]. - The company reported a net loss of $77.2 million in Q1 2023, compared to a net loss of $46.7 million in Q1 2022, representing a 65.2% increase in losses[132]. Cash and Assets - Cash and cash equivalents decreased to $153.851 million as of March 31, 2023, down from $228.012 million at the end of 2022[14]. - Total assets decreased to $631.004 million as of March 31, 2023, from $704.964 million at the end of 2022[14]. - Total shareholders' equity fell to $412.771 million as of March 31, 2023, down from $476.009 million at the end of 2022[14]. - The company had cash and cash equivalents of $153.851 million as of March 31, 2023, down from $228.012 million as of December 31, 2022[42]. - As of March 31, 2023, cash and cash equivalents totaled $318.5 million, with expectations to fund operations into 2025[125]. Research and Development - Research and development expenses rose to $60.809 million in Q1 2023, compared to $45.003 million in Q1 2022, reflecting increased investment in product development[17]. - The company anticipates increased expenses related to advancing AMT-130 into phase III clinical studies and other gene therapy programs[86]. - The company incurred $4.3 million and $2.6 million for the preclinical development of temporal lobe epilepsy in Q1 2023 and Q1 2022, respectively, reflecting a 65.4% increase[110]. - The total research and development expenses for Q1 2023 were $18.7 million, compared to $16.2 million in Q1 2022, marking a 15.4% increase[115]. - The company spent $1.9 million on preclinical programs in Q1 2023, up from $1.3 million in Q1 2022, indicating a 46.2% increase[112]. Clinical Trials and Product Development - The company is conducting a Phase I/II clinical trial for AMT-130, its gene therapy candidate for Huntington's disease, with 26 patients enrolled[79]. - AMT-130 showed a 53.8% decline in mutant Huntingtin protein levels in cerebral spinal fluid at 12 months of follow-up in treated patients[82]. - The company initiated a GLP toxicology study for AMT-260 in the third quarter of 2022, targeting refractory temporal lobe epilepsy[83]. - The company has a pipeline of innovative gene therapies, including candidates for Huntington's disease and ALS, with HEMGENIX® approved for commercialization in the U.S. and Europe[75]. Revenue Sources - Contract manufacturing revenues recognized for HEMGENIX® amounted to $4.9 million in the three months ended March 31, 2023, compared to nil in the same period in 2022[104]. - Collaboration revenues decreased to $0.4 million in the three months ended March 31, 2023, from $1.4 million in the same period in 2022[103]. Expenses and Liabilities - Selling, general and administrative expenses rose to $17.8 million in Q1 2023 from $11.0 million in Q1 2022, a significant increase of 61.8%[117]. - Interest expense associated with the 2021 Restated Facility was $3.6 million for the three months ended March 31, 2023, compared to $2.4 million during the same period in 2022[54]. - The company had total liabilities of $37.222 million as of March 31, 2023, which included $36.894 million in contingent consideration[42]. Regulatory and Compliance Risks - The company faces significant risks related to FDA compliance and manufacturing regulations, which could materially harm its business if not adhered to[190]. - The complexity of gene therapies may lead to production difficulties, impacting the ability to meet regulatory requirements and commercial prospects[194]. - Regulatory approval processes for gene therapies are expensive and lengthy, with potential for significant delays or rejection of applications[200]. - The company has encountered risks related to the compliance of its manufacturing facility with government regulations, which could materially harm its business[158]. Future Outlook - Future capital requirements will depend on various factors, including milestone payments from CSL Behring and the costs of clinical trials for AMT-130[145]. - The company has potential milestone payments of up to $43.5 million related to the Corlieve acquisition, with additional payments of $174.0 million tied to Phase III development[128].
uniQure (QURE) Investor Presentation - Slideshow
2023-03-10 13:28
Charles, Huntington's disease patient advocate LE A D E R S H IP IN GE N E T H E R A P Y LEADERSHIP IN GENE THERAPY MARCH 2023 MA R C H 2023 | 22 First approved AAV gene therapy First AAV vector demonstrated effective in patients with NABs MARCH 2023 a case study in delivering value through innovation 2017 Announced transition to AMT-061 2018 Initiated Ph 2b doseconfirmation study and HOPE-B pivotal study leading the gene therapy revolution • Broad pipeline of first/best-in-class gene therapies • EU approva ...
uniQure(QURE) - 2022 Q4 - Annual Report
2023-02-27 12:20
Financial Milestones - The company reported a significant milestone payment of $75.0 million from CSL Behring upon the first sale of HEMGENIXÔ in the European Union prior to July 2, 2023[14]. - The company may need to raise additional funding, which could be affected by a $75.0 million milestone payment related to HEMGENIXÔ sales in the EU[14]. Clinical Trials and Product Development - The company anticipates continued reliance on third parties for conducting clinical trials, which may impact timelines and regulatory compliance[14]. - The company has encountered delays in clinical trials and may continue to face challenges in demonstrating the safety and efficacy of its product candidates[14]. - The company may not successfully build a pipeline of additional product candidates using its gene therapy technology platform[14]. - The company is focused on building a pipeline of additional product candidates using its gene therapy technology platform[14]. - The company is reliant on third parties for conducting clinical trials, which may not perform satisfactorily or meet regulatory requirements[14]. Regulatory and Compliance Risks - The company is subject to significant government regulations regarding its manufacturing facility, and failure to comply could harm its business[14]. - The company must comply with complex data protection laws, and failure to do so may result in penalties[14]. - The company is exposed to risks associated with data protection laws across different jurisdictions, with potential penalties for non-compliance[14]. Operational Challenges - The ongoing Covid pandemic has materially affected the company's operations and supply chain[15]. - The ongoing Covid pandemic has materially affected the company's business, operations, and supply chain[15]. - The company faces risks related to competition, pricing, and reimbursement for its product candidates, which could adversely affect revenue[14]. - The company faces competition and challenges in employee recruitment and retention, which could adversely affect its business[14]. Internal Controls and Security - The company emphasizes the importance of maintaining effective internal controls to ensure accurate reporting and prevent fraud[15]. - The company’s internal computer systems may suffer security breaches or disruptions, impacting product development programs[14]. Funding and Intellectual Property - The company may need to raise additional funding, which may not be available on acceptable terms, potentially impacting product development efforts[14]. - The company relies on licenses of intellectual property from third parties, which may not be available in the future on commercially reasonable terms[14]. - The company relies on licenses of intellectual property from third parties, which may not be available on commercially reasonable terms[14].
uniQure(QURE) - 2022 Q3 - Quarterly Report
2022-11-02 11:45
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 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: 001-36294 uniQure N.V. (Exact name of Registrant as specified in its charter) The Netherlands (State or other ju ...
uniQure(QURE) - 2022 Q2 - Quarterly Report
2022-08-08 12:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FORM 10-Q For the transition period from _______ to _______ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 OR Commission file number: 001-36294 uniQure N.V. (Exact name of Registrant as specified in its charter) The Netherlands (State or other jurisdi ...
uniQure(QURE) - 2022 Q1 - Quarterly Report
2022-05-02 11:31
UNITED STATES SECURITIES AND EXCHANGE COMMISSION uniQure N.V. (Exact name of Registrant as specified in its charter) Washington D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 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: 001-36294 The Netherlands (State or other jurisd ...
uniQure(QURE) - 2021 Q4 - Annual Report
2022-02-25 12:36
COVID-19 Impact - The company reported a significant impact from the ongoing COVID-19 pandemic on its business and operations[16] - The ongoing Covid pandemic has materially and adversely affected the company's business, operations, and supply chain[16] Clinical Trials and Product Development - There are delays and challenges in the progress of clinical trials, which may affect the safety and efficacy demonstration of product candidates[16] - The company has encountered delays in clinical trials and may fail to demonstrate the safety and efficacy of its product candidates[16] - There is uncertainty regarding the successful commercialization of product candidates and potential delays could materially harm the business[16] - The company relies on third parties for clinical trials, which may not perform satisfactorily, impacting timelines and regulatory compliance[16] Regulatory Compliance - Regulatory compliance is critical for the manufacturing facility, and failure to maintain approvals could materially harm the business[16] - The company is subject to significant government regulations and approvals for its manufacturing facility, and failure to comply could materially harm the business[16] - Data protection laws in various jurisdictions pose compliance challenges, and failure to comply may result in penalties affecting the business[19] - The company faces potential penalties for non-compliance with data protection laws, which could adversely affect its financial condition[19] Funding and Financial Challenges - The company may need to raise additional funding, which could be challenging and affect product development efforts[16] - The company may need to raise additional funding, which may not be available on acceptable terms, potentially affecting product development efforts[16] Competition and Market Risks - The company is exposed to competition and pricing pressures that could adversely affect product revenue[16] - The company faces competition and challenges in recruiting and retaining employees, which could adversely affect its operations[16] Intellectual Property Risks - Intellectual property licensing from third parties may not be available on commercially reasonable terms, impacting product commercialization[16] - The company relies on licenses of intellectual property from third parties, which may not be available in the future on commercially reasonable terms[16] Internal Controls and Security - Internal control failures could lead to inaccurate reporting and negatively impact investor confidence and share price[19] - Internal computer systems may suffer security breaches or disruptions, potentially disrupting product development programs[19]
uniQure(QURE) - 2021 Q3 - Quarterly Report
2021-10-25 11:40
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 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: 001-36294 uniQure N.V. (Exact name of Registrant as specified in its charter) The Netherlands (State or other ju ...
uniQure N.V. (QURE) Investor Presentation - Slideshow
2021-09-10 18:18
| --- | --- | --- | --- | --- | --- | --- | --- | |-------|-------|-------|-------|-------|-------|-------|----------------------------------------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Leadership in | | | | | | | | | Gene Therapy | | | | | | | | | Corporate Presentation September 2021 | Forward-looking Statements This presentation contains forward-looking statements. All statements other than statements of historical fact are forward- looking statements, w ...