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Amunix Appoints Industry Veteran, Frank Watanabe, to its Board of Directors
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Arcutis Announces Updates to its Executive Team
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Arcutis Biotherapeutics reported robust business progress in conjunction with its fourth-quarter earnings report on Wednesday, including 18 clinical trials for three different product candidates in the dermatology market.
The Westlake Village biopharmaceutical company, which completed its IPO in January last year, reported a net loss of $34 million (-79 cents per share) for the quarter ended Dec. 31, compared to a net loss of $12.6 million (-$6.13 per share) for the corresponding period last year.
Analysts on average expected a net loss of $38 million (-88 cents per share) for the fourth quarter, according to Yahoo Finance.
Net loss for the year was $136 million (-$3.80 per share) compared to $42 million (-$22.78 per share) in 2019.
Arcutis Biotherapeutics Reports Operational Progress, Financial Loss in Fourth Quarter | San Fernando Valley Business Journal
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