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Phathom Pharmaceuticals

PHAT
NASDAQHealth Care
$11.21
USD
-0.57(-4.88%)
At close: Apr 30, 19:59 UTC
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Open

$11.21

Prev. Close

$11.21

High

$11.23

Low

$11.13

Market Snapshot

Market Cap

$838.01M

P/E Ratio

-3.8

EPS

-5.30

Revenue

$55.25M

Employees

371

Why PHAT moved

Phathom Pharmaceuticals reported its first-quarter financial results in an earnings call, highlighting key metrics and strategic developments in the gastrointestinal drug development sector.

About

Phathom Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical company, which engages in the development and commercialization of novel treatments for gastrointestinal diseases. The company is headquartered in Florham Park, New Jersey and currently employs 371 full-time employees. The company went IPO on 2019-10-25. The firm is focused on developing and commercializing novel treatments for gastrointestinal (GI) diseases. The Company’s product candidates include VOQUEZNA, VOQUEZNA TRIPLE PAK, and VOQUEZNA DUAL PAK. Its product candidate, VOQUEZNA, contains vonoprazan, an oral small molecule potassium-competitive acid blocker, or potassium-competitive acid blocker (PCAB). PCABs are a novel class of medicines that block acid secretion in the stomach. Vonoprazan has also demonstrated clinical benefits in the treatment of erosive gastroesophageal reflux disease (erosive GERD), and in combination with antibiotics for the treatment of Helicobacter pylori (H. pylori) infection. GERD and H. pylori infection are two of the most common acid-related GI diseases. GERD is a disease that develops when the reflux of acidic stomach contents causes troublesome symptoms and/or complications. H. pylori is a bacterial pathogen.

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