SpringWorks Therapeutics Reports First Quarter 2023 Financial Results and Recent Business Highlights
STAMFORD, Conn., May 03, 2023 (GLOBE NEWSWIRE) -- SpringWorks Therapeutics, Inc. (Nasdaq: SWTX), a clinical-stage biopharmaceutical company focused on developing life-changing medicines for patients with severe rare diseases and cancer, today reported first quarter financial results for the period ended March 31, 2023 and provided an update on recent company developments.
- "In the first quarter of 2023 we continued to deliver strong results across our diversified oncology pipeline.
- The application has been granted Priority Review and given a Prescription Drug User Fee Act (PDUFA) action date of August 27, 2023.
- SpringWorks also expects to file a Marketing Authorization Application for nirogacestat with the European Medicines Agency in 2024.
- Net Loss Attributable to Common Stockholders: SpringWorks reported a net loss of $73.4 million, or $1.18 per share, for the first quarter of 2023.