Clinical Data RequirementsIf Vanda is required to provide additional clinical data, this could be generated during 2026 and tradipitant could be the subject of an approval for treatment of motion sickness in 2027.
Financial PerformanceVanda reported a net loss of $0.38 per share, moderately wider than our forecast for a net loss of only $0.31 per share; this was mainly due to higher-than-anticipated operating expenses.
Regulatory ChallengesA decision to lift the partial clinical hold does not necessarily indicate agency willingness to approve tradipitant by the PDUFA date.