Ken Theliver's questions to EYEN leadership • Q2 2024
Question
The analyst inquired about revenue expectations for Mydcombi and Clobetasol, the reason for the negative gross margin, the clinical trial endpoints for the dry eye programs, the Gen 2 device filing timeline, and the company's cash runway.
Answer
The company expects to see revenue numbers in Q4 but is not giving guidance yet. The negative gross margin was due to a one-time inventory write-down. The dry eye programs have different trial endpoints and durations. The Gen 2 timeline for a 2026 approval was confirmed. The cash runway extends towards the end of the year, and the company is evaluating options for additional capital.