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BioXcel Therapeutics reports Q1 EPS (87c), consensus (70c)
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BioXcel Therapeutics reports Q1 EPS (87c), consensus (70c)

Reports Q1 revenue $582,000, consensus $460,000. “The fundamentals of our business are strong as we look to continue advancing and expanding our agitation portfolio,” said Vimal Mehta, Ph.D., CEO of BioXcel Therapeutics. “We have designed two Phase 3 registrational programs for BXCL501 in addition to strengthening our balance sheet and intellectual property. We are intensely focused on the BXCL501 journey into the at-home setting and expansion into Alzheimer’s-related agitation with the goal of bringing new treatment options to larger numbers of patients while expanding the market potential of our lead neuroscience asset.”

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