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Definium Therapeutics achieves clinical milestones with smaller-than-expected third-quarter loss

Earnings Whispers · ·by G4L

DFTX
DFTX Definium Therapeutics Inc
$34.64 -2.12%
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  1. 1Definium Therapeutics Inc reported a third-quarter diluted net loss per share of $0.46, beating the expected loss of $0.55 by 16.4%.
  2. 2Definium Therapeutics Inc secured positive topline results from the Phase 3 Voyage and Panorama studies of DT120 ODT.
  3. 3The FDA granted Breakthrough Therapy Designation for major depressive disorder.

So what's the key point?

Definium Therapeutics Inc recorded a smaller loss than expected and obtained good results from drug trials. The loss was less than what experts predicted and the company received a treatment designation, which is positive news for the company.

Source Earnings Whispers · View original ↗

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