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Earnings Call Summary | BioLine Rx(BLRX.US) Q1 2024 Earnings Conference

Earnings Call Summary | BioLine Rx(BLRX.US) Q1 2024 Earnings Conference

業績電話會議摘要 | BioLine Rx (BLRX.US) 2024 年第一季度業績會議
富途資訊 ·  05/29 18:32  · 電話會議

The following is a summary of the BioLineRx Ltd. (BLRX) Q1 2024 Earnings Call Transcript:

以下是BioLineRx Ltd. (BLRX) Q1 2024業績會議調 transcript 的摘要:

Financial Performance:

金融業績:

  • BioLineRx reported Q1 2024 revenues of $6.9 million, a significant increase from no recorded revenues in Q1 2023.

  • The company earned revenue from the Gloria Biosciences license agreement, milestone payment, and product sales of APHEXDA in the US.

  • Cost of revenues for Q1 2024 was $1.5 million, and the net loss was curbed to $0.7 million, down from $12.2 million in Q1 2023.

  • The firm maintained cash and equivalents of $28.2 million as of March 31, 2024.

  • Gross margin was reported to be well over 90%.

  • BioLineRx報告2024 Q1 營業收入爲690萬美元,較2023 Q1的無記錄營業收入大幅增長。

  • 公司通過Gloria Biosciences的許可協議、里程碑付款和APHEXDA在美國的產品銷售獲得收入。

  • 2024 Q1營業成本爲150萬美元,淨虧損抑制在70萬美元,較2023 Q1的1220萬美元有所下降。

  • 該公司截至2024年3月31日,保持了2820萬美元的現金和等價物。

  • 毛利率報告顯示超過90%。

Business Progress:

業務進展:

  • Successful commercialization of APHEXDA has been marked by establishing formulary placement in key centers across the US.

  • Expansion goals aim to reach 60% formulary placement by end of 2024.

  • In collaboration with Gloria Biosciences, a bridging study for APHEXDA approval in China is set for H2 2024.

  • Phase 2 trials of motixafortide in pancreatic cancer are underway in partnership with Columbia University and Regeneron.

  • Collaboration with Gloria Biosciences will further evaluate motixafortide in Phase 2b trials for pancreatic cancer.

  • Continuation of Phase 1 trial for sickle cell disease treatment at Washington University School of Medicine, with data anticipated in H2 2024.

  • Active collaboration dialogue with potential partners indicates future project prospects.

  • Noteworthy achievement of CMS pass-through status for hospital bundling displays growth in the healthcare sector.

  • Assurance of robust drug supply for both commercial and clinical needs provides stable future prospects.

  • 成功的APHEXDA商業化已通過在美國關鍵中心建立處方清單來實現。

  • 擴展目標旨在在2024年年底達到60%的處方清單位置。

  • 與 Gloria Biosciences 合作,將在2024下半年進行APHEXDA在中國批准的橋接研究。

  • motixafortide在胰腺癌的二期臨床試驗正在與哥倫比亞大學和再生元合作中進行。

  • 與 Gloria Biosciences 的合作將進一步評估 motixafortide 在胰腺癌二期臨床試驗中的表現。

  • 華盛頓大學醫學院正在進行鐮狀細胞病治療的一期試驗,數據預計在2024下半年公佈。

  • 與潛在合作伙伴的積極對話表明了未來的項目前景。

  • 荷包依賴狀態的保證爲醫療保健板塊的增長展示做出了貢獻。

  • 確保對商業和臨床需求提供強有力藥品供應,提供了穩定的未來前景。

More details: BioLine Rx IR

更多詳情:BioLine Rx IR

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

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譯文內容由第三人軟體翻譯。


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