Amylyx Pharmaceuticals Reports Fourth Quarter and Full Year 2022 Financial Results
Retrieved on:
Monday, March 13, 2023
Biotechnology, General Health, Neurology, Health, Pharmaceutical, Aureus, Fidelity Investments, Marketing, Webcast, Investment, European Medicines Agency, Research, AMX0035, Fidelity, Regulation Fair Disclosure, ALS, EMA, CHMP, Scientific Advisory Group for Origins of Novel Pathogens, Neurodegenerative disease, European Directive on Traditional Herbal Medicinal Products, National Defense Authorization Act, U.S. FDA, Health Canada, Committee for Medicinal Products for Human Use, Medication, Committee, MAA, Physician, FDA, Marketing Authorisation Application, Regulation, Scientific Advisory Group, Risk management, Disclosure, Cryptocurrency, Pharmaceutical industry, Amylyx Pharmaceuticals, PHOENIX
Amylyx Pharmaceuticals, Inc. (Nasdaq: AMLX) (“Amylyx” or the “Company”) today reported financial results for the fourth quarter and full year ended December 31, 2022.
Key Points:
- Amylyx Pharmaceuticals, Inc. (Nasdaq: AMLX) (“Amylyx” or the “Company”) today reported financial results for the fourth quarter and full year ended December 31, 2022.
- Amylyx received U.S. FDA approval for RELYVRIO in September 2022 with the first commercial product being available in October 2022.
- Financial Results for the Fourth Quarter and Year Ended December 31, 2022
For the three months ended December 31, 2022, net product revenue was $21.9 million and cost of sales were $2.8 million. - Cash, cash equivalents, and short-term investments were $346.9 million at December 31, 2022, compared to $162.6 million at September 30, 2022.