Aptinyx Reports Second Quarter 2021 Financial Results and Business Highlights
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Aptinyx (APTX) Misses Q2 EPS by 4c
August 10, 2021 4:19 PM EDTAptinyx (NASDAQ: APTX) reported Q2 EPS of ($0.29), $0.04 worse than the analyst estimate of ($0.25).
Cash and cash equivalents were $129.2 million at June 30, 2021 compared to $141.0 million at December 31, 2020. Aptinyx expects its current cash balance to support anticipated operations into 2023.
We continue to make good progress in advancing our pipeline programs to enable multiple important Phase 2 data readouts in 2022, said Norbert Riedel, PhD, chief executive officer of Aptinyx. With several transformational milestones ahead, this is the right time to set plans in motion for a successful leadership... More
