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Form 8-K · Current Report · Filed 2024-02-22

BridgeBio Pharma Reports Q4 and Full-Year 2023 Financial Results and Business Updates

BridgeBio Pharma, Inc. reported its financial results for Q4 and the full year 2023, disclosing a net loss of $653.3 million for the year and announcing business updates including NDA submission for acoramidis to the FDA and EMA for ATTR-CM treatment, and securing up to $1.25 billion in capital. The company also provided updates on its clinical trials and pipeline programs.

Filer
BridgeBio Pharma Inc. BBIO · NASDAQ
Filed
Accession
0000950170-24-018431
CIK
0001743881
Signal
Low impactHealthcare

Items reported

Item 2.02

Results of Operations and Financial Condition

General Statement
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$34.16

Next session

-0.5%

Since filing

+134.5%

Latest close

$80.09

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from BBIO reporting the same item, with the next session's move:

Exhibits (1)

About BridgeBio Pharma Inc.

BridgeBio Pharma Inc. is a cutting-edge biotechnology company focused on discovering, developing, and delivering transformative medicines for patients with genetic diseases. The company's primary purpose is to bridge the gap in medical research and bring breakthrough therapies to those with rare and often overlooked genetic disorders. By utilizing a targeted approach, BridgeBio Pharma Inc. works across multiple sectors including dermatology, oncology, cardiology, neurology, and endocrinology. The company partners with academic institutions, research organizations, and industry leaders to harness the latest scientific advancements in genomics and biotechnology. Established with a mission to translate genetic research into real-world medical solutions, BridgeBio Pharma Inc. plays a significant role in the biopharmaceutical market. It is heavily involved in the early and late stages of drug development, positioning itself as a key player in the quest to address unmet medical needs. This focus on genetic-centric therapies underlines its importance in the rapidly evolving landscape of biotechnology and personalized medicine.

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