Enanta Pharmaceuticals, Inc. is a biotechnology firm dedicated to discovering and advancing small molecule therapies designed to combat a range of viral infections and various liver conditions. Its research and development efforts are primarily focused on addressing pathogens such as respiratory syncytial virus (RSV), SARS-CoV-2, human metapneumovirus (hMPV), and the hepatitis B virus (HBV). The company also holds a strategic partnership and licensing agreement with Abbott Laboratories. This collaboration involves the joint identification, development, and market introduction of specific HCV NS3 and NS3/4A protease inhibitor compounds, including known agents like paritaprevir and glecaprevir, which are utilized in the management of chronic hepatitis C virus. Founded in 1995, Enanta Pharmaceuticals, Inc. operates from its principal office located in Watertown, Massachusetts.
Enanta Pharmaceuticals Reports Financial Results for its Fiscal Third Quarter Ended June 30, 2026
Enanta reported fiscal Q3 revenue of $14.4 million, a decline from $18.3 million in the prior year due to lower sales of AbbVie’s HCV regimen MAVYRET, while posting a net loss of $19.5 million or $0.67 per share.
The company remains on track with its pipeline, initiating dosing in the LOTUS Phase 2b pediatric RSV trial and preparing to launch the RESOLVE registrational trial in high-risk adults in the fourth quarter.
Management confirmed a strong balance sheet with $211.5 million in cash and marketable securities, which is expected to fund operations into fiscal 2029.
In legal updates, the company noted that the Federal Circuit affirmed the invalidity of a patent against Pfizer in June, though a petition for rehearing has been filed with a UPC hearing scheduled for late September.