Eupraxia Pharmaceuticals Reports Fourth Quarter 2024 Financial Results
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Eupraxia Pharmaceuticals (EPRX) reported its Q4 2024 financial results, highlighting positive developments in its clinical trials for EP-104GI treating eosinophilic esophagitis and EP-104IAR for knee osteoarthritis. The company raised C$44.5 million, strengthening its balance sheet and funding operations through Q3 2026. Net loss decreased to $7.5 million, and cash reserves increased to $33.1 million.
March 20, 2025 | 9:45 pm
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POSITIVE IMPACT
Positive Phase 1b/2a RESOLVE trial results for EP-104GI and successful fundraising indicate potential growth for the company.
Positive clinical trial results, reduced net loss, increased cash reserves, and successful fundraising suggest potential stock price appreciation.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100