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Eupraxia Pharmaceuticals Inc. (T:EPRX)

Business Focus: Biotechnology & Medical Research (NEC)

Sector:  Healthcare Industry:  Biotechnology & Medical Research
 
Company Contact
Address: 201-2067 Cadboro Bay Rd.
VICTORIA BC V8R 5G4
Tel: 1-416-4271235
Website: https://eupraxiapharma.com/home/default.aspx
IR: See website
Key People
Simon Pimstone
Non-Executive Independent Chairman of the Board
Bruce G. Cousins
President, Chief Financial Officer
James A. Helliwell
Chief Executive Officer, Director
Amanda Malone
Chief Scientific Officer
Paul A. Brennan
Chief Business Officer
 
Business Overview
Eupraxia Pharmaceuticals Inc. is a Canada-based clinical-stage biotechnology company. The Company is focused on the development of locally delivered, extended-release alternatives to approved drugs. The Company's principal business is the development of locally delivered, extended-release alternatives to existing pharmaceuticals. Its product candidate, EP-104IAR, is designed to meet the unmet medical need and market demand for long-lasting pain relief for knee osteoarthritis (OA). The primary active ingredient of the EP-104 products consists of a solid core of fluticasone propionate (FP) coated with an outer layer of polyvinyl alcohol (PVA). Its lead product candidate is used for the treatment of osteoarthritis and eosinophilic esophagitis symptoms and is used corticosteroid with systemic safety record. EP-104 is in Phase Ib/IIa clinical development.
Financial Overview
For the fiscal year ended 31 December 2023, Eupraxia Pharmaceuticals Inc revenues was not reported. Net loss increased 53% to $28.2M. Higher net loss reflects Research and development - Balan increase of 52% to $20.5M (expense), Professional fees increase from $269K to $2.8M (expense), Salaries and benefits (net) increase of 37% to $2.2M (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -$0.96 to -$1.17.
Employees: 29 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $119.16M as of Dec 31, 2023
Annual revenue (TTM): $0.00M as of Dec 31, 2023
EBITDA (TTM): -$37.54M as of Dec 31, 2023
Net annual income (TTM): -$38.85M as of Dec 31, 2023
Free cash flow (TTM): -$28.57M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 35,622,553 as of Mar 27, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization