Decreased Operating Expenses
Total operating expenses were $3.7 million in Q1 2025, compared to $6.2 million in Q1 2024, showing a significant reduction in costs.
Reduction in R&D Expenses
R&D costs were approximately $600,000 in Q1 2025, compared to $4 million in Q1 2024, primarily due to decreased costs associated with the REASSURE trial.
Extended Cash Runway
The company has extended its cash runway into 2026, including the potential launch of ORLYNVAH by Q4 2025.
Potential Market for ORLYNVAH
The U.S. market for uncomplicated urinary tract infections is large, with 40 million prescriptions annually. ORLYNVAH could capture a market share leading to over $250 million in net sales at peak.
Repayment of Debt
In January 2025, Iterum Therapeutics repaid the outstanding principal and interest on its exchangeable notes, eliminating a significant debt liability.