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BioXcel Therapeutics Q1 2024 Earnings Report

BioXcel Therapeutics logo
$0.34 +0.03 (+8.12%)
(As of 12/20/2024 05:45 PM ET)

BioXcel Therapeutics EPS Results

Actual EPS
-$0.87
Consensus EPS
-$0.68
Beat/Miss
Missed by -$0.19
One Year Ago EPS
-$1.84

BioXcel Therapeutics Revenue Results

Actual Revenue
$0.58 million
Expected Revenue
$0.42 million
Beat/Miss
Beat by +$160.00 thousand
YoY Revenue Growth
N/A

BioXcel Therapeutics Announcement Details

Quarter
Q1 2024
Time
Before Market Opens
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BioXcel Therapeutics Earnings Headlines

Bioxcel Therapeutics Restructures Credit and Strengthens Leadership
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BioXcel Prices New Offering
BioXcel Therapeutics prices 5.6M shares at 48c in public offering
BioXcel announces common stock and warrants offering, no amount given
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About BioXcel Therapeutics

BioXcel Therapeutics (NASDAQ:BTAI), a commercial-stage biopharmaceutical company, engages in utilizing artificial intelligence approaches to develop transformative medicines in neuroscience and immuno-oncology. The company's drug re-innovation approach leverages existing approved drugs and/or clinically validated product candidates together with big data and proprietary machine learning algorithms to identify new therapeutic indices. Its commercial product, IGALMI, a sublingual film formulation of dexmedetomidine for the acute treatment of agitation associated with schizophrenia or bipolar I or II disorder in adults. The company also continues to conduct clinical trials evaluating BXCL501 for the acute treatment of agitation in Alzheimer's disease patients, and for adjunctive treatment of patients with major depressive disorder, as well as in the community for agitation associated with bipolar disorders and schizophrenia. In addition, it is developing BXCL502 as a potential therapy for chronic agitation in dementia; and BXCL701, an investigational, orally innate immunity activator for the treatment of aggressive forms of prostate cancer, pancreatic cancer, and other solid and liquid tumors; BXCL503, a drug candidate to target apathy in dementia; and BXCL504, a drug candidate to target aggression in dementia. BioXcel Therapeutics, Inc. was incorporated in 2017 and is headquartered in New Haven, Connecticut.

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