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0 0 0.00310077519379852 0.00155038759689919 -0.00310077519379838 0 -0.00930232558139529 -0.0124031007751938
Stock impact report

Paratek: Will Nuzyra Succeed? [Seeking Alpha]

Paratek Pharmaceuticals, Inc. (PRTK) 
Last paratek pharmaceuticals, inc. earnings: 2/25 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.paratekpharma.com
Company Research Source: Seeking Alpha
Paratek: Will Nuzyra Succeed? In October 2018, Paratek Pharmaceuticals ( PRTK OTC:LBTSF Paratek on numbers As of December 31, 2018, Paratek reported approx. $17.1 million in revenue, which was derived from the milestone payment under the Almirall Collaboration Agreement and the Zai Collaboration Agreement upon the FDA approvals of NUZYRA and SEYSARA. Total operating expenses amounted to $121.2 million, representing a 25% increase from last year period. This was mainly due to an increased spend related to the U.S. launch of NUZYRA. As this product was just introduced in the US, we anticipate that Paratek’s general and administrative expenses will continue to increase in future periods. (Source: Annual Report The company’s cash, cash equivalents, and marketable securities were $292.8 million, which would be sufficient to fund its operation until 2020 at the current burn rate. Besides, Paratek has a relatively low amount of current liabilities. Most of its debts are due in 1-3 years, imp Show less Read more
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