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Sep 30, 2023

Milestone Pharmaceuticals Q3 2023 Earnings Report

Reported financial results for the third quarter and provided a clinical and corporate update.

Key Takeaways

Milestone Pharmaceuticals reported its Q3 2023 financial results, highlighting the submission of the New Drug Application for CARDAMYST and positive results from the Phase 2 study evaluating etripamil for AFib-RVR.

Submitted New Drug Application for CARDAMYST in treating PSVT.

Released positive results from Phase 2 study evaluating etripamil to treat patients with AFib-RVR.

Approaching 2024 with a well-defined strategy.

Etripamil has the potential to help people living with serious heart arrythmias.

Total Revenue
$0
Previous year: $1.5M
-100.0%
EPS
-$0.35
Previous year: -$0.34
+2.9%
Gross Profit
-$24K
Cash and Equivalents
$75.7M
Previous year: $37.3M
+103.1%
Free Cash Flow
-$12.2M
Previous year: -$11.7M
+4.9%
Total Assets
$87.1M
Previous year: $85.8M
+1.6%

Milestone Pharmaceuticals

Milestone Pharmaceuticals

Forward Guidance

Milestone Pharmaceuticals is focused on the development and commercialization of innovative cardiovascular medicines, with etripamil as its lead product candidate.