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UNCY — Unicycive Therapeutics News Story

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Unicycive Therapeutics Q3 net loss widens to $6 mln

Overview

Unicycive reports Q3 net loss of $6.0 mln, up from $4.1 mln year-over-year

Company plans to resubmit NDA for OLC by year-end after FDA discussions

Unicycive ends Q3 with $42.7 mln cash, runway into 2027

Outlook

Unicycive plans to resubmit NDA for OLC by year-end

Company expects cash runway into 2027

Unicycive anticipates potential OLC launch next year

Result Drivers

NDA RESUBMISSION - Co plans to resubmit NDA for OLC by year-end after positive FDA discussions and vendor inspection

PILL BURDEN REDUCTION - OLC significantly reduced pill burden compared to current phosphate binders, as presented at ASN

CASH POSITION - Ended Q3 with $42.7 mln cash, providing runway into 2027

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 Net Income-$6.01 mln
Q3 Income from Operations-$7.34 mln
Q3 Operating Expenses$7.34 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", no "hold" and no "sell" or "strong sell" The average consensus recommendation for the biotechnology & medical research peer group is "buy" Wall Street's median 12-month price target for Unicycive Therapeutics Inc is $45.00, about 89.4% above its November 11 closing price of $4.79 Press Release: ID:nGNX4M6pLf For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (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.)

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