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Dec 31, 2022

Milestone Pharmaceuticals Q4 2022 Earnings Report

Reported financial results for the fourth quarter and full year 2022 and provided a clinical and corporate update.

Key Takeaways

Milestone Pharmaceuticals reported their Q4 and full year 2022 financial results. They are on track for a New Drug Application (NDA) submission in the third quarter of this year.

Advanced etripamil for paroxysmal supraventricular tachycardia (PSVT) through the approval process and into launch

Remain on track for a New Drug Application (NDA) submission in the third quarter of this year

Welcomed Seth Fischer to the Board of Directors

Phase 3 trials completed

Total Revenue
$3.5M
Previous year: $15M
-76.7%
EPS
-$0.31
Previous year: -$0.4
-22.5%
Cash and Equivalents
$7.64M
Previous year: $114M
-93.3%
Free Cash Flow
-$13M
Total Assets
$74.5M
Previous year: $120M
-37.9%

Milestone Pharmaceuticals

Milestone Pharmaceuticals

Forward Guidance

Milestone Pharmaceuticals expects year-end cash resources, together with $125 million proceeds from March 2023 strategic financing, to fund operations into mid-2025. NDA submission for etripamil in patients with PSVT expected for 3Q23.