Savara Q3 2023 Earnings Report

Savara EPS Results

• Actual EPS: -$0.10
• Consensus EPS: -$0.07
• Beat/Miss: Missed by -$0.03
• One Year Ago EPS: N/A

Savara Revenue Results

• Actual Revenue: N/A
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

Savara Announcement Details

• Quarter: Q3 2023
• Date: 11/9/2023
• Time: N/A
• Conference Call Date: Wednesday, November 8, 2023
• Conference Call Time: 6:00PM ET

Savara (NASDAQ:SVRA) Inc (NASDAQ:SVRA) is a clinical-stage biopharmaceutical company dedicated to the development and commercialization of inhaled therapies for rare respiratory diseases. Headquartered in Austin, Texas, the company originated as a specialist in pulmonary medicine and has built its expertise around targeted drug delivery to the lungs. Since its founding, Savara has pursued regulatory engagement with health authorities in the United States and Europe to advance treatment options for conditions that have limited therapeutic alternatives.

The company’s lead product candidate, molgramostim, is an inhaled formulation of recombinant human granulocyte-macrophage colony-stimulating factor designed to address the underlying immune deficiency in patients with pulmonary alveolar proteinosis. Molgramostim has progressed through late-stage clinical development and has been the focal point of Savara’s efforts to secure marketing approval. In addition to molgramostim, Savara’s pipeline includes early-stage programs targeting other rare pulmonary disorders, such as bronchiectasis and pulmonary arterial hypertension, where localized drug delivery may offer significant safety and efficacy advantages over systemic treatments.

Savara collaborates with leading clinical research centers across North America and Europe to conduct its trials, partnering closely with patient advocacy groups to support enrollment and foster community engagement. The company also works with regulatory agencies to establish pathways for orphan drug designations and expedited review, reflecting its commitment to bringing novel therapies to underserved patient populations.

The leadership team at Savara combines decades of experience in biotech development, regulatory affairs and commercialization. Chief Executive Officer Charles Hill brings prior experience in rare disease product launches, while Chief Financial Officer David R. Watson oversees the company’s strategic financing and corporate governance activities. Together, the team is focused on navigating the clinical and regulatory milestones necessary to deliver innovative inhaled treatments to patients with life-threatening respiratory conditions.