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ESSA Pharma Reports Q1 Loss, Explores Strategic Options

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ESSA Pharma Reports Q1 Loss, Explores Strategic Options

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ESSA Pharma ( (EPIX) ) just unveiled an update.

ESSA Pharma has reported a net loss of $8.5 million for the first fiscal quarter of 2025, following the termination of its masofaniten clinical trials. The company is exploring several strategic options, such as mergers or asset sales, to maximize shareholder value, which may involve cost reductions.

More about ESSA Pharma

ESSA Pharma Inc. is a pharmaceutical company that was focused on developing novel therapies for the treatment of prostate cancer before discontinuing its clinical trials and development programs.

YTD Price Performance: -9.29%

Average Trading Volume: 323,889

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $75.02M

Find detailed analytics on EPIX stock on TipRanks’ Stock Analysis page.

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