Assembly Bio Q1 FY26 net loss narrows to $9.1 million; revenue slips to $8.2 million
Assembly Biosciences, Inc.
Assembly Biosciences, Inc. ASMB | 0.00 |
- Assembly Biosciences posted a net loss attributable to common stockholders of USD 9.1 million, or USD 0.54 per share, for the first quarter ended March 31, 2026.
- Revenue from collaborative research with Gilead fell 12.81% to USD 8.2 million.
- Research and development expenses were little changed at USD 14.9 million, while general and administrative costs rose to USD 4.7 million.
- Cash, cash equivalents and marketable securities slipped to USD 226.6 million; cash runway projected to fund operations into 2028.
- Completed Phase 1b follow-up for ABI-5366 and ABI-1179; decision due by mid-2026 on opting into a 40% U.S. cost-profit share with Gilead, with Phase 2 start for ABI-6250 in chronic hepatitis delta virus expected in Q4 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Assembly Biosciences Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605071600PRIMZONEFULLFEED9715047) on May 07, 2026, and is solely responsible for the information contained therein.
