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Stock impact report

Verona Pharma PLC (VRNA) Q3 2024 Earnings Call Highlights: Strong Ohtuvayre Launch Amid Rising Costs [Yahoo! Finance]

Verona Pharma plc - American Depositary Shares (VRNA) 
US:NASDAQ Investor Relations: nasdaq.com/symbol/vrna/real-time
Company Research Source: Yahoo! Finance
Research and Development Costs: $10.6 million for the quarter, up from $3 million in Q3 2023. Selling, General and Administrative Expenses: $35.2 million for the quarter, compared to $13.4 million in Q3 2023. Net Loss After Tax: $43 million for the quarter, compared to $14.7 million in Q3 2023. Loss Per Share: $0.07 per ordinary share or $0.53 per ADS for the quarter. Cash and Equivalents: $336 million as of September 30, 2024. Warning! GuruFocus has detected 2 Warning Sign with VRNA. Release Date: November 04, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Verona Pharma PLC ( NASDAQ:VRNA ) successfully launched Ohtuvayre in the US for COPD treatment, achieving net product sales of $5.6 million in just seven weeks. Over 5,000 Ohtuvayre prescriptions were filled within 12 weeks, with more than 2,200 unique healthcare providers prescribing the medication. Ohtuvayre is being prescribed across a broad range of Show less Read more
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