Denmark's Curasight Q2 loss narrows
Denmark's Curasight Q2 loss narrows
Overview
Danish radiopharmaceutical developer's Q2 net loss and loss per share narrowed yr/yr
Company reported encouraging preliminary Phase 1 uTREAT data in glioblastoma
Curasight raised DKK 20 mln in a directed share issue to strengthen finances
Outlook
Company expects topline Phase 1 uTREAT data in glioblastoma in H1 2027
Curasight expects Phase 2 uTRACE prostate cancer data in H1 2027
Company says timeline updates reflect uncertainty in patient enrollment
Result Drivers
GROSS LOSS - Co's gross loss reduced significantly yr/yr to DKK 9.8 mln from DKK 17.7 mln
FUNDRAISING - DKK 20 mln raised via directed share issue strengthened financial position
Company press release: ID:nWkr6GgTm7
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Loss Per Share |
| DKK 0.24 |
|
Q2 Net Loss |
| DKK 11.43 mln |
|
Q2 Operating Income |
| -DKK 11.49 mln |
|
Q2 Pretax Loss |
| DKK 12.80 mln |
|
Reuters Recommended Reads
Aug 26 - Sweden's Cereno Scientific Q2 net loss widens, hurt by clinical development costs
Aug 26 - Sweden's Modus Therapeutics narrows Q2 net loss, extends financing
Aug 25 - Molecular Partners H1 net loss narrows on lower R&D expenses
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)