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Sep 30, 2021
Sera Prognostics Q3 2021 Earnings Report
Announced financial results for the third quarter ended September 30, 2021.
Key Takeaways
Sera Prognostics reported third quarter 2021 revenue of $23,000, an increase from $5,000 for the same period in 2020. Net loss for the quarter was $9.9 million, compared to $5.1 million for the same quarter a year ago. The company had cash and cash equivalents of approximately $82.5 million and $67.5 million of available-for-sale securities as of September 30, 2021.
Made key hires in scaling the company’s salesforce, now totaling 26 representatives.
Appointed Paul Kearney as Chief Data Officer.
Engaged Woodrow Myers, MD, MBA, as an advisor on public and political affairs.
Announced publication of health economic analysis data in peer-reviewed journal ClinicoEconomics and Outcomes Research.