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Phathom Pharmaceuticals Q1 Net Loss Widens

05/11/2021 04:56

08:52 AM EDT, 05/11/2021 (MT Newswires) -- Phathom Pharmaceuticals (PHAT) on Tuesday reported a Q1 net loss of $0.96 per diluted share, wider compared with the $0.62 loss a year earlier.

The drugmaker had cash and cash equivalents of $238 million as of the end of March, compared with $287.5 million as of Dec. 31, according to a statement.

The company didn't report any revenue during the quarter.

Analyst estimates weren't available

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