Gain Therapeutics Q1 loss per share narrows
Gain Therapeutics, Inc. GANX | 0.00 |
Overview
Biotechnology firm's Q1 net loss per share narrowed to $0.13 from $0.16 yr/yr
R&D and G&A expenses rose due to lead Parkinson’s program and FX impacts
Cash and equivalents fell to $16.5 mln from $20.8 mln at year-end 2025
Outlook
Company expects FDA clearance of GT-02287 IND submission in Q2 2026
Phase 2 clinical trial of GT-02287 in Parkinson’s disease expected to begin in Q3 2026
Results from Phase 1b clinical study of GT-02287 expected in Q4 2026
Result Drivers
R&D SPENDING - Higher research and development costs driven by lead program GT-02287 for Parkinson’s disease and increased personnel expenses
FX IMPACT - Unfavorable foreign exchange movements increased both R&D and G&A expenses
PIPELINE PROGRESS - Ongoing Phase 1b clinical study and biomarker data for GT-02287 supported continued investment and expense growth
Company press release: ID:nGNXds2SS
Key Details
Metric |
Beat/Miss |
Actual |
Consensus Estimate |
Q1 EPS |
|
-$0.13 |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
Wall Street's median 12-month price target for Gain Therapeutics Inc is $8.00, about 339.6% above its May 8 closing price of $1.82
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