Welcome to our dedicated page for Iterum Therapeutics Plc news (Ticker: ITRM), a resource for investors and traders seeking the latest updates and insights on Iterum Therapeutics Plc stock.
Iterum Therapeutics Plc (ITRM) is a clinical-stage pharmaceutical company pioneering treatments for multi-drug resistant infections. This page provides investors and industry professionals with verified news and press releases about ITRM's advancements in oral and IV anti-infectives.
Access real-time updates on clinical trials, regulatory milestones like Qualified Infectious Disease Product (QIDP) designations, and strategic partnerships. Our curated repository ensures you stay informed about developments in antibiotic resistance solutions without promotional bias.
Key coverage areas include Phase 3 trial results, FDA communications, financial reporting, and R&D collaborations. All content is sourced directly from Iterum Therapeutics and reputable financial publications to ensure accuracy.
Bookmark this page for streamlined access to ITRM's latest progress in addressing global health challenges through differentiated anti-infective therapies.
Iterum Therapeutics (NASDAQ: ITRM) announced that Pfizer has agreed to extend the payment deadline for a $20.0 million regulatory milestone payment from October 2026 to October 25, 2029. The milestone payment is associated with the FDA approval of ORLYNVAH™, which was received on October 25, 2024. Under the amended terms, the annual interest rate will increase from 8% to 10% (compounded daily) starting October 26, 2026.
The extension allows Iterum to strategically invest capital raised or earned from ORLYNVAH™ sales into expanding into new territories and focusing on high-prescribing geographies. The amended agreement includes restrictions on ITIL's ability to incur senior debt or create liens on its assets without Pfizer's consent.
- Cash position of $12.7 million as of March 31, 2025 - Raised additional $5 million through a registered direct offering and $1 million via ATM program - Extended cash runway into 2026 - Q1 2025 net loss of $4.9 million, improved from $7.1 million in Q1 2024 - Research and development expenses decreased to $0.6 million from $4.0 million year-over-year
The company plans to launch ORLYNVAH™ either through a commercial partner or independently with a targeted sales force, focusing on addressing the growing antimicrobial resistance issue in uUTI treatment.Iterum Therapeutics (Nasdaq: ITRM), a pharmaceutical company specializing in next-generation oral and IV antibiotics for multi-drug resistant pathogens, has scheduled its first quarter 2025 financial results release for May 13, 2025, before U.S. markets open. The company will host a conference call at 8:30 a.m. ET on the same day to discuss financial results and provide a business update.
Investors can access the call via phone at 833-470-1428 (domestic) or 404-975-4839 (international) using Access Code 371859. A pre-registration link is available, and an audio webcast will be accessible in the Investors section of Iterum's website after the call.
Iterum Therapeutics has successfully closed a $5 million registered direct offering of ordinary shares, selling 5,555,556 shares at $0.90 per share to a single institutional investor. H.C. Wainwright & Co served as the exclusive placement agent for this transaction.
The company, which focuses on developing next-generation oral and IV antibiotics for multi-drug resistant pathogens, plans to use the net proceeds for working capital and general corporate purposes. Key potential uses include funding their ongoing strategic process and pre-commercialization activities for ORLYNVAH™, including product manufacturing, sales, marketing, and distribution.
The offering was conducted through a shelf registration statement on Form S-3 filed with the SEC. The transaction was completed on April 30, 2025, strengthening the company's financial position as they advance their antibiotic development programs.
Iterum Therapeutics (Nasdaq: ITRM) has secured a $5 million registered direct offering through the sale of 5,555,556 ordinary shares at $0.90 per share to a single institutional investor. The offering, expected to close around April 30, 2025, is being facilitated by H.C. Wainwright & Co as the exclusive placement agent.
The company, which specializes in developing next-generation oral and IV antibiotics for multi-drug resistant pathogens, plans to use the proceeds for:
- Working capital and general corporate operations
- Funding ongoing strategic process
- Pre-commercialization activities
- Manufacturing, sales, marketing, and distribution of ORLYNVAH™
The offering is made under a shelf registration statement filed with the SEC on October 7, 2022 (effective October 17, 2022). A prospectus supplement will be available on the SEC website.
Iterum Therapeutics (Nasdaq: ITRM) announced the presentation of a scientific poster at the 35th Annual European Congress of Clinical Microbiology and Infectious Disease (ECCMID) in Vienna, Austria, from April 11-15, 2025. The presentation, delivered by Dr. Sailaja Puttagunta on April 13, 2025, focused on the 'Impact of age on antibiotic resistance and efficacy of antibiotics for women with uncomplicated urinary tract infection (uUTI)'. The company, which specializes in developing next-generation oral and IV antibiotics for multi-drug resistant pathogens in both community and hospital settings, will make the poster available on their website under the Publications section.
Iterum Therapeutics (ITRM) reported its Q4 and full-year 2024 financial results, highlighting the FDA approval of ORLYNVAH™ for uncomplicated urinary tract infections (uUTIs). The company ended 2024 with $24.1 million in cash and cash equivalents, expecting to fund operations into second half of 2025.
Key financial metrics for 2024 include: R&D expenses decreased to $10.5 million from $40.0 million in 2023; G&A expenses increased to $8.0 million from $7.5 million in 2023. Net loss for 2024 was $24.8 million, improved from $38.4 million in 2023. The company repaid its Exchangeable Notes in January 2025 and expanded its patent estate with a new Australian patent allowance extending to 2039.
Iterum Therapeutics (Nasdaq: ITRM), a developer of next-generation oral and IV antibiotics targeting multi-drug resistant pathogens, has scheduled its fourth quarter and full year 2024 financial results release for February 7, 2025, before U.S. markets open. The company will host a conference call at 8:30 a.m. ET on the same day, where management will discuss financial results and provide a business update. Investors can access the call via phone (833-470-1428 domestic, 404-975-4839 international) using Access Code 719739, with pre-registration available. An audio webcast will be accessible in the Investors section of the company's website after the call.
Iterum Therapeutics (Nasdaq: ITRM) has regained full compliance with Nasdaq listing requirements, resolving its previous deficiency under Listing Rule 5550(b). The company received written confirmation from Nasdaq's Listing Qualifications Staff, and the previously scheduled hearing before the Hearings Panel on November 21 has been cancelled. As a result, Iterum will continue to be traded on The Nasdaq Capital Market. The company focuses on developing next-generation oral and IV antibiotics for treating multi-drug resistant pathogen infections in both community and hospital settings.
Iterum Therapeutics reported Q3 2024 financial results following FDA approval of ORLYNVAH for uncomplicated urinary tract infections on October 25, 2024. The company reported cash and equivalents of $14.5 million as of September 30, 2024. R&D expenses decreased to $3.1 million from $14.9 million in Q3 2023, while G&A expenses remained stable at $1.8 million. Net loss was $6.1 million compared to $3.9 million in the same period last year. ORLYNVAH, the only oral penem antibiotic approved in the U.S., received 10 years of marketing exclusivity under the GAIN Act.
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