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Sep 30, 2022

Protagonist Q3 2022 Earnings Report

Reported third quarter 2022 financial results and provided a corporate update.

Key Takeaways

Protagonist Therapeutics reported its Q3 2022 financial results, highlighting the continued execution of the Phase 3 VERIFY study of rusfertide in polycythemia vera and the appointment of Arturo Molina as Chief Medical Officer.

Continued execution of Phase 3 VERIFY study of rusfertide in polycythemia vera

Arturo Molina, M.D., M.S. named Chief Medical Officer

Three rusfertide poster presentations to be shared at the 64th Annual Meeting and Exposition of the American Society of Hematology (ASH) in December

PN-235 (JNJ-77242113), is currently in multiple Phase 2 clinical studies to assess safety and efficacy in moderate-to-severe plaque psoriasis.

EPS
-$0.64
Previous year: -$0.7
-8.6%
Cash and Equivalents
$153M
Previous year: $121M
+26.8%
Free Cash Flow
-$25.4M
Previous year: -$28.7M
-11.7%
Total Assets
$282M
Previous year: $373M
-24.4%

Protagonist

Protagonist

Forward Guidance

Protagonist expects the first half of 2023 to be a period of potential transformational value creation for Protagonist.