Q1 2025 financial results

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Biomea Fusion Reports First Quarter 2025 Financial Results and Corporate Highlights
Globenewswire· 2025-05-05 20:05
Core Viewpoint - Biomea Fusion, Inc. is undergoing a strategic realignment to focus on core programs, particularly in diabetes and obesity, while extending its cash runway for long-term success [2][10]. Strategic Realignment Highlights - The company is prioritizing the development of icovamenib, an oral small molecule menin inhibitor for diabetes, and BMF-650, a next-generation oral GLP-1 receptor agonist [8]. - A workforce reduction of approximately 35% has been implemented to streamline operations and reduce costs [8]. - Biomea is consolidating its workforce at the Biomea Innovation Lab Center in San Carlos, CA, effective May 31, 2025 [8]. Key Anticipated 2025 Milestones - Submission of the Investigational New Drug (IND) application for BMF-650 is planned for the second half of 2025 [5]. - Phase II study of icovamenib in T2D patients currently uncontrolled on GLP-1 therapy is set to initiate in the second half of 2025 [8]. - Preliminary data from the Phase II COVALENT-112 study in type 1 diabetes is expected in the second half of 2025 [8]. Financial Results - As of March 31, 2025, the company had cash, cash equivalents, and restricted cash totaling $36.2 million, expected to fund operations into the fourth quarter of 2025 [11]. - The net loss for the first quarter of 2025 was $29.3 million, a decrease from a net loss of $39.1 million in the same period of 2024 [12]. - Research and Development (R&D) expenses were $22.9 million for the first quarter of 2025, down from $33.8 million in the same period of 2024 [13].
Mineralys Therapeutics to Announce First Quarter 2025 Financial Results and Host Conference Call on Monday, May 12, 2025
Globenewswire· 2025-05-05 20:05
Company Overview - Mineralys Therapeutics, Inc. is a clinical-stage biopharmaceutical company focused on developing medicines targeting hypertension, chronic kidney disease (CKD), obstructive sleep apnea (OSA), and other diseases driven by dysregulated aldosterone [3] - The company's initial product candidate, lorundrostat, is a proprietary, orally administered, highly selective aldosterone synthase inhibitor aimed at treating cardiorenal conditions affected by dysregulated aldosterone [3] Financial Results Announcement - Mineralys Therapeutics will report its financial results for the first quarter ended March 31, 2025, after the financial markets close on May 12, 2025 [1] - A live conference call will take place on May 12 at 4:30 p.m. ET, with details provided for both domestic and international participants [2]
Inspire Medical Systems, Inc. Announces First Quarter 2025 Financial Results and Updates 2025 Outlook
GlobeNewswire News Room· 2025-05-05 20:02
Inspire Reports Year-over-Year Revenue Growth of 23% and Earnings per Share of $0.10 in the First Quarter MINNEAPOLIS, May 05, 2025 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (Inspire, or the company), a medical technology company focused on the development and commercialization of innovative, minimally invasive solutions for patients with obstructive sleep apnea, today reported financial results for the quarter ended March 31, 2025. Recent Business Highlights Generated revenue of $201.3 ...
Editas Medicine to Announce First Quarter 2025 Financial Results and to Participate in Investor Conference in May
GlobeNewswire News Room· 2025-05-05 20:01
CAMBRIDGE, Mass., May 05, 2025 (GLOBE NEWSWIRE) -- Editas Medicine, Inc. (Nasdaq: EDIT), a pioneering gene editing company focused on developing transformative medicines for serious diseases, today announced that it plans to announce Q1 2025 financial results and business updates on May 12 via press release and SEC filings. As previously announced, the Company does not plan to host quarterly financial results conference calls moving forward. Additionally, Editas Medicine management will participate in the f ...
Coherus to Report First Quarter 2025 Financial Results on May 12, 2025
GlobeNewswire News Room· 2025-05-05 20:01
REDWOOD CITY, Calif., May 05, 2025 (GLOBE NEWSWIRE) -- Coherus BioSciences, Inc. (“Coherus,” NASDAQ: CHRS) today announced that its first quarter 2025 financial results will be released after market close on Monday, May 12, 2025. Starting at 5:00 p.m. EDT on May 12, 2025, Coherus’ management team will host a conference call and webcast to discuss financial results and provide a general business update. A webcast replay will be available on https://investors.coherus.com following the conclusion of the live c ...
Xenon to Report Q1 2025 Financial Results on May 12, 2025
GlobeNewswire News Room· 2025-05-05 20:01
Core Viewpoint - Xenon Pharmaceuticals Inc. is set to report its first quarter 2025 financial results and provide a business update on May 12, 2025, after the U.S. financial markets close [1]. Group 1: Financial Reporting - The financial results and business update will be announced after the close of U.S. financial markets on May 12, 2025 [1]. - A conference call and webcast will take place on the same day at 4:30 pm Eastern Time [2]. Group 2: Company Overview - Xenon Pharmaceuticals is a neuroscience-focused biopharmaceutical company dedicated to developing therapeutics for conditions such as epilepsy and depression [3]. - The company is advancing an ion channel product portfolio, with Azetukalner being the most advanced potassium channel modulator in late-stage clinical development [3].
TWFG, Inc. To Announce First Quarter 2025 Financial Results on Tuesday, May 13, 2025.
Globenewswire· 2025-05-05 19:21
THE WOODLANDS, Texas, May 05, 2025 (GLOBE NEWSWIRE) -- TWFG, Inc. (NASDAQ: TWFG), a leading independent insurance distribution platform, announced today that it will release its financial results for the first quarter ended March 31, 2025, after the market closes on Tuesday, May 13, 2025. The Company will host a conference call to discuss its financial results the following morning, Wednesday, May 14, 2025, at 8:00 a.m. Central Time (9:00 a.m. Eastern Time). TO ACCESS THE CALL BY PHONE, PARTICIPANTS CAN REG ...
Vuzix Schedules Conference Call to Discuss First Quarter 2025 Financial Results and Business Update
Prnewswire· 2025-05-05 17:00
Company Overview - Vuzix Corporation is a leading supplier of smart glasses, waveguides, and augmented reality (AR) technologies [5] - The company designs, manufactures, and markets AI-powered smart glasses and AR technologies for various markets including enterprise, medical, defense, and consumer [5] - Vuzix holds over 425 patents and patents pending, along with numerous IP licenses in optics and augmented reality wearables [5] Upcoming Conference Call - Vuzix will host a conference call on May 12, 2025, at 4:30 PM ET to discuss its first quarter 2025 operating results [1] - The call will feature Vuzix's CEO Paul Travers and CFO Grant Russell, who will present operational and financial highlights for the quarter ended March 31, 2025 [3] Accessing the Conference Call - Participants can join the live conference call by dialing specific numbers for U.S., Canadian, and international callers [2] - A live and archived webcast will be available on the investor relations page of Vuzix's website [3] - Telephonic and webcast replays will be accessible for 30 days starting May 12, 2025 [4]
MiNK Therapeutics to Provide Corporate Update and First Quarter 2025 Financial Report
Globenewswire· 2025-05-05 16:30
Core Viewpoint - MiNK Therapeutics, Inc. is set to release its first quarter 2025 financial results on May 15, 2025, and will host a conference call to discuss these results and provide a corporate update [1]. Group 1: Company Overview - MiNK Therapeutics is a clinical-stage biopharmaceutical company focused on developing allogeneic invariant natural killer T (iNKT) cell therapies for cancer and immune-mediated diseases [3]. - The company is advancing a pipeline of both native and next-generation engineered iNKT programs, emphasizing scalable and reproducible manufacturing for off-the-shelf delivery [3]. - MiNK Therapeutics is headquartered in New York, NY, and provides regular updates on important information for investors through its website and social media channels [3]. Group 2: Conference Call Details - The conference call will take place on May 15, 2025, at 8:30 a.m. ET, following the release of the financial results [1]. - Dial-in numbers for the conference call include 646-307-1963 for New York and 800-715-9871 for USA & Canada, with a conference ID of 9822477 [2]. - A live webcast and replay of the conference call will be available on the company's Events & Presentations page [2].
CAMTEK TO REPORT FIRST QUARTER 2025 FINANCIAL RESULTS ON TUESDAY, MAY 13, 2025
Prnewswire· 2025-05-05 13:08
Group 1 - Camtek Ltd. will release its financial results for the first quarter of 2025 on May 13, 2025 [1] - A video conference call will be hosted by the CEO, CFO, and COO on the same day at 9:00 am ET to discuss the results [2] - The call will be available for replay shortly after its conclusion through a provided link or on Camtek's website [3] Group 2 - Camtek is a developer and manufacturer of high-end inspection and metrology equipment for the semiconductor industry [4] - The company's systems inspect integrated circuits and measure features on wafers throughout the semiconductor production process [4] - Camtek serves demanding market segments including Advanced Interconnect Packaging, Heterogeneous Integration, and CMOS Image Sensors, among others [4]