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Rezolute reports Q4 EPS (26c), consensus (23c)

Cash, cash equivalents and investments in marketable securities were $167.9M as of June 30, compared with $127.1M as of June 30, 2024. “We have made substantial progress this year across our two indications for ersodetug in both congenital and tumor hyperinsulinism,” said Nevan Charles Elam, CEO and founder of Rezolute (RZLT). “We believe that FDA alignment on a streamlined Phase 3 trial in tumor hyperinsulinism is further recognition of ersodetug’s broad applicability across multiple forms of hyperinsulinism and highlights both the urgent need and the transformative potential of our therapy for patients and families living with this condition. We remain on track to report topline results from the sunRIZE trial in December and look forward to progressing towards potential commercialization.”

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